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Key Takeaways from Aurora Cannabis’s First-Quarter Earnings

Adam Jones
Updated
Key Takeaways from Aurora Cannabis’s First-Quarter Earnings

Yesterday, we took a brief look at Aurora Cannabis’s (ACB) (ACBFF) first-quarter earnings for fiscal 2019 in How Aurora Cannabis Fared in the First Quarter. Aurora Cannabis stock fell ~4.5% during the regular market session after the company released its earnings. When stocks decline after an earnings release, it usually means that the earnings didn’t live up to the expectations priced into the stock and that the market corrected the stock price to realign its expectations with the latest information.

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