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Why Aphria Fell by Almost 6% on Monday

TheMotleyFool

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Marijuana stock Aphria (NASDAQ: APHA) declined notably on Monday, shedding almost 5.8% of its value. While investors have already digested last week's news of the company's merger with peer Canadian weedie Tilray (NASDAQ: TLRY), other factors might be affecting sentiment on the stock.

As is usually the case in notable mergers, several prognosticators tracking Aphria (and Tilray, while we're at it) revised their analyses. It seems that the ones getting more bearish on Aphria are catching the ears of investors.

Photo credit: Getty Images.

Source Fool.com

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