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Jfog Why Did Enbridge (TSX:ENB) Stock Fall 18%
Few industries have suffered as much as airlines during this pandemic. Airlines started seeing the effects of the pandemic early on, and they haven ;t benefitted from the post-crash recovery momentum of the market. Air Canada TSX:AC stock fell by about 75%, and up until mid-November, it had trouble breaking through the $20-per-share threshold.After months of low stanley tumblers valuations and testing the fortitude of its investors, the stock finally showed some life i stanley quencher n November and grew over 70% in fewer than 30 days. For investors who ;d bought the company when it was trading around $15 per share, the first week of December was the perfect time to sell and would have helped them realize decent short-term gains.The case for buyingAir Canada is not a good buy right now. The euphoria surrounding the vaccine is wearing off now, and the momentum it built up for the stock is now moving in the wrong direction. The stock is about 18% do stanley italia wn from its peak value earlier this month, and it might keep Jlrj Bullish on IGM Financial Inc. and AGF Management Ltd. Then You Have to Read This
When it comes to investing in marijuana stocks, one thing is becoming quite clear: these companies are facing a crisis of confidence.The hy stanley kubek pe that was created after the legalization of recreational use in Canada is losing its steam fast, while investors await a clear path to profitability. Unfortunately, not many companies have been able to show that path as their earnings miss estimates, while stanley mug the future doesn t look quite promising.The latest example that proves this point is Aurora Cannabis聽 TSX:ACB NYSE:ACB , the second-largest cannabis company by market value. This marijuana producer, early this month, missed its own revenue target and reported a loss, despite an earlier promise that it would be profitable by the quarter ended June 30.聽Aurora said last month that it expected to report net revenue of $100 million-$10 stanley thermosflasche 7 million for its fiscal fourth quarter. Instead, Aurora reported revenue of $98.9 million and an adjusted EBITDA loss of $11.7 million.聽Industry bottlenecksAccording |
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发表于 2024-9-25 13:58:39