Aurora Cannabis Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Aurora Cannabis Inc. (ACB.T) rose 2.67% to $3.84 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 3.34% to 13,473.59 and the Dow Jones Industrial Average rising 0.28% to 33,223.83. The stock's rise snapped a four-day losing streak. Aurora Cannabis Inc. closed $8.24 short of its 52-week high ($12.08), which the company achieved on March 2nd.
The stock underperformed when compared to some of its competitors Thursday, as Cronos Group Inc. (CRON.T) rose 3.90% to $3.46 and Tilray Brands Inc. Cl 2 (TLRY) rose 4.40% to $6.17. Trading volume (6.8 M) eclipsed its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2022.
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February 24, 2022 16:33 ET (21:33 GMT)
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