What's Going On With Aurora Cannabis Stock Today?
Portfolio Pulse from Erica Kollmann
Aurora Cannabis Inc. (NASDAQ:ACB) shares are pulling back after gaining more than 100% since last Friday. The broader cannabis sector has seen increased interest following the Department of Health and Human Services' recommendation to reclassify marijuana. ACB shares have gained more than 80% during September, but are now down nearly 13%.
September 13, 2023 | 3:52 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Aurora Cannabis shares are pulling back after significant gains. The stock is down nearly 13% despite the broader cannabis sector seeing increased interest.
Aurora Cannabis shares are pulling back after gaining more than 100% since last Friday. This is likely due to investors taking profits after the significant increase. The broader cannabis sector has seen increased interest following the Department of Health and Human Services' recommendation to reclassify marijuana, which could potentially lead to increased business opportunities for companies like Aurora Cannabis. However, despite this positive news, the stock is currently down nearly 13%.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100