Cannabis stocks moving higher
On February 12, most cannabis stocks were in positive territory after investors got a chance to see how the recreational cannabis segment is shaping up in Canada through Aurora Cannabis’s (ACB) earnings. Aurora was trading nearly 2.9% higher around 1:00 PM ET.
Some of the big gainers around the same time included Aphria (APHA), which gained about 7%, followed by CannTrust (CNTTF), which was up nearly 6.6% at 1:00 PM. Cronos Group (CRON) wasn’t far behind with its stock trading almost 3.3% higher, and HEXO Corp. (HEXO) was up nearly 3.7%.
To learn how Aurora Cannabis performed in its second quarter, check out Aurora Cannabis: Key Takeaways from Its Q2 Earnings.