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Why Aurora Cannabis Fell 18.9% in October


Canadian cannabis production leader Aurora Cannabis (NYSE: ACB) fell 18.9% in October, according to data from S&P Global Market Intelligence. But the bad news doesn't stop there. In fact, Aurora's October decline followed an even greater 20.7% sell-off in September, which itself came after a 10.9% decline in August.

There wasn't too much company-specific news in the month, as Aurora continued to fall with the rest of the large publicly traded cannabis stocks, which have suffered from industrywide bad news.

Image source: Getty Images.

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Source Fool.com

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