Aleafia stock lost almost 15% in September, but can Aleafia Health’s (TSX:ALEF) (OTCQX:ALEAF) promise of profitability in the third quarter help end the slump?
Profitability Expected in Q3On September 24, Aleafia Health issued an update to investors in which the company said it expects to post a profit in Q3 ending September 30. Aleafia stock has been on the slide for most of 2019 as the market corrects from a pre-legalization overvaluation. Several other factors have contributed to Aleafia’s decline, including a stock dilution back in March to fund the company’s $173 million CAD acquisition ...
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