Aurora Cannabis Inc.
|Company Name||Aurora Cannabis Inc.|
On November 14, 2019, the Company released an earnings report in which it reported a 24% sequential decline in revenue of C$75.3 versus C$98.9 in the previous quarter. In addition to this decline in revenue, the Company also announced that plans to finalize construction of additional grow facilities in both Denmark and Canada have been delayed.
On this news, the Company’s share price fell $0.56, or nearly 17%, to close at $2.73 per share on November 15, 2019, thereby injuring investors.
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