When meme stocks start skyrocketing, it’s difficult to find a good entry point. Already, examples of a big rally in meme stocks happened in the recent past. In just over a month, Novavax (NASDAQ:NVAX) stock surged from sub-$5 levels to 52-week highs of $23.9. With a meme frenzy on the cards, it’s time to look at meme stocks to buy on dip. Additionally, these can be stocks that have remained subdued in the recent past, but are in the radar of meme stock investors. When talking about meme stocks, fundamentals ...

Cannabis Investing 2024 Here Are 3 Canadian Marijuana Stocks For You The cannabis sector has experienced a large amount of growth over the years. From just a few legal states and global regions to now over 50% of the USA has a legal cannabis market. Yet even with all this progress the industry continues to face an uphill battle. Cannabis operators around the United States are dealing with several conflicting concerns. One is federal reform and having laws passed in favor of small batches and legend growers. ...

Aurora Cannabis Inc. (NASDAQ:ACB) Q4 2024 Earnings Conference Call June 20, 2024 8:00 AM ET Company Participants Kevin Niland - Director, Strategic Finance and IR Miguel Martin - CEO Simona King - CFO Conference Call Participants Matt Bottomley - Canaccord Eric Livshits - ATB Capital Markets John Zamparo - CIBC Pablo Zuanic - Zuanic Associates Operator Greetings and welcome to the Aurora Cannabis Inc. Fourth Quarter 2024 Results Conference Call. All participants will be in a listen-only mode and a question- ...

Aurora Cannabis Inc. (ACB) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of a loss of $0.18 per share. This compares to loss of $1.50 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 161.11%. A quarter ago, it was expected that this company would post a loss of $0.10 per share when it actually produced a loss of $0.20, delivering a surprise of -100%. Over the last four quarters, the ...

NASDAQ | TSX: ACB Q4 Represents the Sixth Consecutive Quarter of Positive Adjusted EBITDA1 Increased Total Quarterly Net Revenue 5% YoY to $67.4 Million, Global Medical Cannabis Net Revenue1 Grew by 20% YoY to $45.6 Million Ended the Fiscal Year with a Cash Position of ~$180 Million with Cannabis Business Debt-Free2 Re-Affirms Target of Reaching Positive Free Cash Flow1 by December 31, 2024 EDMONTON, AB, June 20, 2024 /PRNewswire/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), ...

NASDAQ | TSX: ACB EDMONTON, AB, June 7, 2024 /PRNewswire/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), a leading Canada-based global medical cannabis company, announced today that it has scheduled a conference call to discuss the results for its fourth quarter and fiscal year 2024 on Thursday, June 20, 2024 at 8:00 a.m. Eastern Time | 6:00 a.m. Mountain Time. The Company will report its financial results for the fourth quarter fiscal year 2024 before the opening of markets th ...

"We are thrilled to bring premium resin cartridges to the Australian market, a signal of our commitment to expanding patient access to an even greater variety of premium cannabis," said Kristin Viccars, Interim Managing Director, MedReleaf Australia. "Our products are designed with the highest standards of quality with safety in mind, and we are confident that Australian patients will value the unique experience our cartridges offer. We continue to look at new opportunities to expand our portfolio and patie ...

Short-squeeze moves can be ferocious and are perfect for investors seeking quick trading gains. With the possibility of a rate cut-induced rally, I am bullish on some short-squeeze stocks for the next few quarters. I am a long-term investor. However, I don’t shy away from taking trading positions in 5% to 10% of my fund allocation towards equities. When there are some clear short-squeeze opportunities, it makes sense to make 50% or 100% gains and invest the profits in long term bets. Of course, the short-sq ...

Going by the price action in some stocks in the recent past, it seems that the meme stock euphoria is at its early stage. Potential rate cuts to boost economic growth will likely be a perfect recipe for a full-fledged meme stock season. It’s, therefore, a good time to look at some short-squeeze stocks to buy for quick returns in the blink of an eye. I always prefer to keep expectations on a base-case scenario. Therefore, I expect a 50% rally in the short- squeeze stocks discussed. However, a 2x or 3x rally ...

This beaten-down pot stock may have a lot of upside only if the U.S. marijuana market opens up for business. Thus far, 2024 has been an exceptional year for Aurora Cannabis (ACB) stock. Up more than 40%, it's been generating some impressive returns for investors. And recent developments involving rescheduling marijuana in the U.S. has gotten investors even more bullish about the stock and its long-term prospects. Could the Biden Administration's latest move, to reclassify marijuana as a Schedule III substan ...