Aurora Cannabis ACB stock analysis and is ACB stock a good buy at this price?
Автор: Cannabis Stocks Analysis
Загружено: 2023-08-23
Просмотров: 2614
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Aurora Cannabis posted its best revenue print yet. And, they are nearly EBITDA break even. Yet, ACB stock continues to slide lower and lower. Is this the buy signal that we are waiting for? ACB stock is well below the $1.00 mark required by Nasdaq. But, if there is a reverse split, there will be less stock. This could really accelerate stock price movement if ACB stock were to get bid. In this video I break down Aurora Cannabis and what will occur with ACB stock once we see big moves in the cannabis stocks sector with federal medical rescheduling. ACB stock being a Nasdaq-listed stock, will see significant interest because most stocks are not tradable by most individuals. This means ACB stock, one of the more popular stocks, will see big interest and likely push upward really quickly. And, with improving revenue and metrics, ACB stock will see a lot of interest.
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