Aphria stock has dropped 15% since posting its Q1 fiscal 2020 results just over a month ago but has showed signs of a recovery this week as the market moves closer to the launch of cannabis 2.0.
The Earnings SurpriseAphria Inc (TSX:APHA) (NYSE:APHA) surprised investors on October 15 by posting its second consecutive quarter of profitability, a serious rarity in the first year of legal cannabis. Aphria stock popped as much as 17% after the Canadian cannabis firm reported a net profit of $16.4 million CAD or 7 cents per share. While revenue of $126.1 ...
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