Aurora Cannabis and Tilray Have Fallen a Lot This Year. Why the Stocks May Be Steady for Now.

Shares of Canadian marijuana firmsAurora Cannabis and Tilray have shed more than 70% of their value in 2020. An analyst at Jefferies thinks both have fallen enough—for now.

Jefferies analyst Owen Bennett raised his ratings on both Aurora (ticker: ACB) and Tilray (TLRY) to Hold from Underperform in a note on Monday.

For Aurora, he wrote that…

Author: CSN