|Bid||42.45 x 0|
|Ask||42.62 x 0|
|Day's Range||41.90 - 44.60|
|52 Week Range||12.96 - 44.60|
|Beta (5Y Monthly)||2.33|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 09, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||28.27|
Marijuana stocks surged as a Democratic Senate adds to cannabis legalization momentum. Are any pot stocks good buys now amid profitability challenges?
Aphria stock and other marijuana stocks jumped on Thursday, after the Canadian cannabis producer reported fiscal second-quarter revenue that beat expectations. The pot grower reported the results after it agreed to merge with rival Tilray — potentially creating a global weed-industry giant — and as more focus shifts to the U.S. and its legalization prospects. Aphria reported net sales of 160.5 million Canadian dollars, or around $126.57 million.
The year 2021 is presenting unique challenges and opportunities for amateur and veteran traders alike. JC Parets, CMT and chief strategist at allstarcharts.com, joins Yahoo Finance's Jared Blikre to break down the market moves, setups and new leadership in stocks, bonds, commodities and currencies (including bitcoin) — all while leveraging the power of Yahoo Finance Premium to help inform investment decisions and portfolio management. Not a subscriber? Start your free trial to join future webinars live!