Aurora Cannabis: Barely Surviving Or Soon To Be Thriving?
ACBAurora(ACB) Seeking Alpha·2024-02-28 08:50

Aleksandr_Kravtsov/iStock via Getty Images Aurora Cannabis (NASDAQ:ACB, ACB:CA) recently completed the consolidation of common shares on a 10:1 basis to maintain its minimum bid requirement to stay on the NASDAQ. This is the second time the company has done a reverse share split, with the first being back on May 11, 2020 on a 12:1 basis. StockCharts I previously suggested the company may turn around in 2023 and I may have been too early. But as absolutely bleak as the stock price chart looks there seem to b ...