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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cannabis darling Aphria (NASDAQ: APHA ) is stumbling Monday morning. A combination of factors, including a wider-than-expected loss in the third quarter, are causing the slump. What does this all mean? And is one cata...
iRhythm Technologies (IRTC) -30% after Novitas publishes updated reimbursement rates.Qualigen Therapeutics (QLGN) -18% after it pulls marketing application for COVID-19 test.Gulf Resources (GURE) -11% on correcting and replacing - Q4 & FY2020 financial result...
Aphria Inc. (NASDAQ: APHA) stock was getting slammed in early trading after the company reported that revenue dropped versus the last quarter and reported a whopping net loss of $361 million. In addition to that, Aphria missed analysts’ estimates for earnings and revenu...
Aphria (APHA) shares plummet 9% premarket after fiscal Q3 2021 results misses consensus. (All figures are in C$).Net revenue of $153.6M, +6.4% and a decrease of 4.3% Q/Q, missed analyst expectations of $163.3M.Net cannabis revenue of $51.7M, 7.8% lower from FQ3 2020, and down 23.8% ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Alibaba reliefShares of Alibaba (BABA) are rising in China trading after the government's decision to fine the company 4% of 2019 revenue allows it to move...
Aphria (APHA): FQ3 Non-GAAP EPS of -C$0.15 misses by C$0.09; GAAP EPS of -C$1.14 misses by C$1.09.Revenue of C$153.64M (+6.4% Y/Y) misses by C$9.66M.Adjusted EBITDA of C$12.65M vs. expectations of C$14.9M.Q3 revenues were impacted by lockdowns in the major Canadian provinces, particularly Ont...
Aphria Inc. Announces Third Quarter Fiscal Year 2021 Results PR Newswire Reports Eighth Consecutive Quarter of Positive Adjusted EBITDA and Positive Adjusted EBITDA from Cannabis Business LEAMINGTON, ON , April 12, 2021 /PRNewswire/ - Aphria Inc. (" ...
In the evolving rush of mergers and acquisitions (M&A) in the Canadian cannabis market, Canopy Growth (NASDAQ: CGC ,TSX:WEED) announced it will acquire The Supreme Cannabis Company (TSX: FIRE ,OTCQX:SPRWF) in a deal worth approximately C$435 million. Meanwhile, a can...
‘A cornerstone within our U.S. strategy,’ is how Irwin Simon, the CEO of Canadian cannabis player Aphria (APHA) identified its acquisition of the U.S.-based craft brewer SweetWater Brewing Company. The deal valued at $300M was closed in November.Blockbuster merger...
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Cannabis Industry Merger And Acquisitions In 2021 Many cannabis stocks have over the last several months been hit with a loss in trading momentum. This has led to many of the top cannabis stocks trading at lower prices. Yet so far in May pot stocks have been performing a bit more vo...