Will a New CEO and a Huge Write-Down Save Aurora Cannabis? Get short term trading ideas from the MarketBeat Idea Engine. Tip: Try a valid symbol or a specific company name for relevant results, Canada markets open in 3 hours 18 minutes, Toronto - Toronto Real Time Price. Source: Date Headline; GrowGeneration Stock (NASDAQ:GRWG): A Blooming Cannabis Company? Aurora Cannabis is down -20.8%, or -$1.52 to $5.80. Aurora Cannabis is down -24.1%, or -$1.76 to $5.56. MKM Partners analyst Bill Kirk lowered the firm's price target on Aurora Cannabis to C$9 from C$18 and keeps a Neutral rating on the shares after its Q4 results. Though the stock traded lower after this news was released, I see these announcements are positive steps in the right direction for ACB. Learn more. In-depth coverage from Australia's most trusted source. Learn everything you need to know about successful options trading with this three-part video course. View our full suite of financial calendars and market data tables, all for free. Reports Q4 cannabis net revenue was $67.5M in Q4, a 3% decrease from the prior quarter. ABC News Photo Illustration, Floopi, Owala, Wet-it 'GMA' Deals and Steals on kitchen and home Sep 12. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. The company expects adjusted gross margin before fair value adjustments on cannabis net revenue to be within a range of 46%-50% and SG&A costs, including R&D, in the low $40M range. See what's happening in the market right now with MarketBeat's real-time news feed. To see all exchange delays and terms of use please see disclaimer. Start Your Risk-Free Trial Subscription Here, Pfizer (NYSE:PFE) Stock: A Strong Option for Dividend Investors. New CEO Miguel Martin is shifting Aurora's focus towards execution and building a broader portfolio strategy, as it had become too dependent on its value brand, Daily Special, Lavery tells investors in a research note. Martin looks to be a great fit for the job, due to his extensive experience. Includes business, sport, weather. Pre-earnings options volume in Aurora Cannabis is 5.1x normal with calls leading puts 19:4. All rights reserved. Yahoo Finance's On the Move panel discuss today's Stock's on the Move: General Mills, Aurora Cannabis. The ABC language services provide trusted news, analysis, features and multimedia content to people in Australia and internationally. Live breaking news stories from across Australia & around the world. Aurora (TSX:ACB) Stock Posts a Huge $1.8 Billion Writedown in Q4. This has been an unforgettable year for Wall Street and investors. ACB | Complete Aurora Cannabis Inc. stock news by MarketWatch. Learn more. BBC News provides trusted World and UK news as well as local and regional perspectives. Aurora Cannabis Appoints Miguel Martin As CEO; Announces Amendments To Credit Facility, $54.37 Million in Sales Expected for Aurora Cannabis Inc (NYSE:ACB) This Quarter, Brokerages Anticipate Aurora Cannabis Inc (NYSE:ACB) Will Post Earnings of -$0.27 Per Share, Aurora Cannabis Inc (NYSE:ACB) Given Consensus Recommendation of "Hold" by Brokerages, Receive Analysts' Upgrades and Downgrades Daily.