|Bid||7.02 x 1100|
|Ask||7.03 x 3100|
|Day's Range||6.85 - 7.20|
|52 Week Range||3.71 - 18.98|
|Beta (5Y Monthly)||3.12|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep. 20, 2021 - Sep. 24, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Aurora Cannabis (NASDAQ: ACB) has long been an underperforming marijuana stock. There's definitely risk involved here, but investors have seen just how quickly the stock can rise on some bullishness; shares of Aurora skyrocketed to highs of nearly $19 in February amid the meme hype. Should contrarian investors consider picking up the stock before the company announces its year-end results in September?
What happened Wednesday is shaping up to be a profitable day for cannabis investors. Here's how some of the most popular pot stocks were performing as of 12:30 p.m. EDT today: Sundial Growers (NASDAQ: SNDL), up 10% OrganiGram Holdings (NASDAQ: OGI), up 9% Aurora Cannabis (NASDAQ: ACB), up 8% Canopy Growth (NASDAQ: CGC), up 7% Hexo (NYSE: HEXO), up 7% So what The gains were sparked by a blockbuster earnings report from industry heavyweight Tilray (NASDAQ: TLRY).
"Congress to vote on marijuana, psychedelics and CBD this week," declared marijuana news hub Marijuana Moment yesterday evening -- but the reaction among marijuana investors wasn't at all what you'd expect. As early as today, according to the report, the House of Representatives could begin voting on legislation to remove cannabis from the list of Schedule I substances forbidden for sale, use, or possession by federal law.