What Should Investors Think of Aphria's Unexpected Quarterly Loss?
There aren't many marijuana companies out there that have stayed profitable over the past year or so. While most of the big names in this industry have seen their shares plummet alongside continued losses, one of the few exceptions is Canadian cannabis grower Aphria (NASDAQ: APHA).
To many investors' surprise, however, the company reported an unexpected net loss in its recent fiscal fourth quarter. In response, the stock tumbled close to 20% following the announcement, a loss that has many investors wondering whether this pot stock is still worth a spot in their portfolio.
Let's look a little deeper and see what exactly is going on.
Source Fool.com
