Aurora Cannabis Inc.
BofA Merrill Lynch fell 2.3 percent in early trading on Thursday after BofA Merrill Lynch lowered its stock to neutral from the stock and lowered the price of its shares. the goal is $ 8 of $ 10, a concern about the burning of the company. "Aurora has become one of the best operators in the cannabis sector, with industry-leading margins and margins against even larger companies and global options," said analyst Christopher Carey in a customer note. "However, despite focusing on the profit (the CQ2 positive EBITDA target), it earns money, and according to our estimates it could be a negative cash amount from CQ120 (lack of funding), namely if a large convertible bond due in CQ1
SPX, + 0.08%
acquired 19%.
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