Aurora Cannabis Skyrockets After Earnings: Should You Buy Into the Rally?
The year is a more than a month old, but Aurora Cannabis (NASDAQ: ACB) is already one of the hottest stocks to own in 2025. As of Feb. 11, the pot stock has soared more than 50% since the year began -- and that rally began only a few days ago.Shares of Aurora got a big boost after the company posted its latest earnings numbers showing a strong profit. Could this be a turning point for Aurora after years of disappointment? Has the stock finally become a good buy?On Feb. 5, Aurora Cannabis reported its fiscal third-quarter results for the period ended Dec. 31. The cannabis company reported impressive year-over-year growth, with sales rising by 37% to 88.2 million Canadian dollars ($61.7 million). This is an acceleration from the previous quarter, when its sales growth rate was 29%.Continue reading
The year is a more than a month old, but Aurora Cannabis (NASDAQ: ACB) is already one of the hottest stocks to own in 2025. As of Feb. 11, the pot stock has soared more than 50% since the year began -- and that rally began only a few days ago.
Shares of Aurora got a big boost after the company posted its latest earnings numbers showing a strong profit. Could this be a turning point for Aurora after years of disappointment? Has the stock finally become a good buy?
On Feb. 5, Aurora Cannabis reported its fiscal third-quarter results for the period ended Dec. 31. The cannabis company reported impressive year-over-year growth, with sales rising by 37% to 88.2 million Canadian dollars ($61.7 million). This is an acceleration from the previous quarter, when its sales growth rate was 29%.
