Aurora Cannabis shares down after resuming trading
Aurora Cannabis shares down after resuming trading
Aurora Cannabis shares are down almost 20% after resuming trading. CNBC’s Seema Mody has the story.
Aurora Cannabis said Chief Executive Terry Booth will retire and Executive Chairman Michael Singer become interim CEO as the beleaguered marijuana producer announced C$1 billion ($752.79 million) in impairment charges on Thursday.
The company also cut about 500 jobs, including about 25% of corporate positions.
Aurora’s U.S.-listed stock fell 13% in after-hours trading. The shares were halted earlier on Thursday.
Aurora expects impairment charges of as much as C$225 million on assets and as much as C$775 million on goodwill in the second quarter, it said. Net revenue will be between C$50 million and C$54 million, compared with C$54.2 million a year ago.
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She’s fine af tho
I wanna impregnate this girl
I called a woman beautiful after my crushing 49ers loss. She said calling a woman beautiful is cliche.
Her face looks nice from the side. Her profile.
Funny how it goes down when something good for the long run like this happens
So the nice lady looking at her best for us television viewers and the brains in the direction room had the nerve to put a huge banner with the same info she is already telling the viewers across her top. Leaving us viewers in the abyss missing out on 30% gorgeousness especially made for our viewing pleasure. I say sack the director. And to comment on her ACB story, Aurora will rise to heights never seen before in cannabis history.
Good news. This is a LONG term hold. You need to be patient. It’s inevitable that markets will open up. Younger generations want cannabis.
She is hot, btw this might be time to invest, when the weed market is at a low
Damn just when i thought my stock was going to start to go up
She is not hot what are you talking about?
Ok I’m will tune in every day with her. Sign me up
50% of comments are about the lady 😂
Topo chico lime. I always go back. My first love.
Time to put puts in Monday morning baby and hope for the feds to fall down on their revenues
What is VIGI earning’s growth rate vs VIG? Same question but VNQI vs VNQ?
It’s going to take a lot of time for people to shake off the pothead image. But I think the first major use will be as a sleep aid. The anti-coffee. It’s proven to work. It doesn’t have any of the side effects of Ambien or Xanax, and you can’t OD on Cannabis so you can just try the drink/food right off the shelf without having to see a doctor.
How long can the police keep propping up legal canabis sales with their daily busts of people who have tons of home grown product?