The US-listed shares of Canopy Growth Corp. CGC, -5.08% WEED, -4.41% hit 6.8% in prime trade on Monday, after the Canada-based cannabis company reported a slower-than-expected fiscal loss from the first quarter, although revenue went up less than forecast. The net loss for the quarter to June 30 is limited …
Read More »Aurora Cannabis was updated to prevent Stifel from selling it, as the company has ‘weathered the storm’
Stifel analysts updated the stock of Aurora Cannabis Inc. ACB, -1.02% GRASS, -0.76% did not sell on Wednesday, and said an update on the business offered Tuesday suggested it “has weathered the storm.” Analysts led by W. Andrew Carter raised their stock price target to C $ 17.50 ($ 12.89) …
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