Cantor Analyst Raises Aphria And Tilray Price Targets Amid Merger

Friday, 15 January 2021, 19:12:36
Cantor Fitzgerald analyst Pablo Zuanic expressed disappointment by Aphria Inc. (TSX: APHA) (NASDAQ: APHA ) quarterly results in an analyst note published Friday. What Happened? The Leamington, Ontario-based company recently published second-quarter financial results. Aphria reported a net loss of CA$120.6 million, or CA$0.42 per share, compared to a net loss of CA$7.9 million, or a loss of CA$0.03 per share in the same quarter of the prior year. The company also highlighted its plans to finalize the merger with Tilray Inc (NASDAQ: TLRY ). The deal — previously announced in December — is scheduled to close by the end of the second quarter of 2021, or by “late March to early April.” Why It's Important : Aphria's … Full story available on Benzinga.com
— Benzinga

Covid vaccine won’t dent Ampio Pharma’s market: CEO Michael Macaluso

Friday, 15 January 2021, 17:50:34
Since its foundation in 2008, Ampio Pharmaceuticals (NYSE: AMPE) has been focused on delivering a drug that treats inflammation caused by a wide range of disorders. The biopharma company’s flagship […] The post Covid vaccine won’t dent Ampio Pharma’s market: CEO Michael Macaluso first appeared on AlphaStreet .
— AlphaStreet

Aphria price target raised by Cantor to reflect merger with Tilray as analyst deems earnings disappointing

Friday, 15 January 2021, 13:44:50
Cantor Fitzgerald raised its 12-month stock price target for Canadian cannabis company Aphria Inc. undefinedundefined to C$26 from C$11.75 on Friday, to…
— MarketWatch

Cannabis Stock Gainers And Losers From January 14, 2021

Thursday, 14 January 2021, 23:07:30
GAINERS: Flower One Hldgs (OTCQX: FLOOF ) shares closed up 37.3% at $0.21 Next Green Wave Holdings (OTCQX: NXGWF ) shares closed up 31.11% at $0.43 Item 9 Labs (OTCQX: INLB ) shares closed up 27.62% at $3.05 Tilray (NASDAQ: TLRY ) shares closed up 23.57% at $18.56 Aphria (NASDAQ: APHA ) shares closed up 21.1% at $12.11 ReneSola (NYSE: SOL ) shares closed up 13.65% at $25.06 HEXO (NYSE: HEXO ) shares closed up 13.63% at $7.13 Green Organic Dutchman (OTCQX: TGODF ) shares closed up 13.12% at $0.28 Vireo Health Intl (OTCQX: VREOF ) shares closed up 11.07% at $2.71 Helix Technologies (OTCQB: HLIX ) shares closed up 10.67% … Full story available on Benzinga.com
— Benzinga

Marijuana ETFs Grow after Aphria’s Sales Beat Projections

Thursday, 14 January 2021, 22:09:56
Marijuana stocks and sector-related exchange traded funds surged Thursday after Canadian cannabis growers reported some stellar quarterly results. Among the best performing non-leveraged ETFs of Thursday, the ETFMG Alternative Harvest ETF (NYSEArca: MJ) advanced 8.2%, Cambria Cannabis ETF (TOKE) increased 5.2%, Global X Cannabis ETF (NASDAQ: POTX) surged 10.6%, AdvisorShares Pure Cannabis ETF (YOLO) gained 4.9%, […] The post Marijuana ETFs Grow after Aphria’s Sales Beat Projections appeared first on ETF Trends .
— ETF Trends