. . LevelMagazine – CA – Stock fluctuations and setbacks for the week through November. 27


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The entire cannabis sector has been at a peak since the U. S.. . Choice, and even a struggling company like Aurora was no exception. Five states have legalized pot in this election, making it a boon for licensed producers like Aurora. Despite this week’s surge, Aurora’s shares are down more than 60 percent year over year. The money-losing company has consolidated manufacturing, downsizing, and spending new equity to bolster its finances. This week, Aurora announced that it has brought European-grown medicinal cannabis to the German market for the first time.

After the shame of reaching penny stock status earlier this year when markets collapsed following the outbreak of the COVID-19 pandemic, Bombardier stock has started to rise . . . No. Not exactly going up. But it has hit rock bottom. Shares in the Quebec-based transportation maker rose last week as markets boosted the transportation sector as a whole after more good news was released about the race to develop COVID vaccines. These vaccines would be an important step in revitalizing the global travel market that could help drive sales of Bombardier’s business jets.

Why was Roots stock moving last week as Canadian retailers struggled to deal with COVID-related bans? For one, it’s not that they sell three-piece suits and fancy prom dresses. Comfortable sweatshirts, pullovers and blankets? They have these in their spades. Let’s call it the work from home effect. Roots also announced last week that the company would publish its results for the third quarter in December. 9. In the second quarter, Roots lost $ 1. 82 million, a significant improvement over $ 9. It lost 65 million in the same quarter last year.

Ah, gold. Investors still turn to you in uncertain times and drop you like a shiny gem when things look a little quieter. And last week this settlement news came from the south of the border, where it became increasingly clear that the Democrat Joe Biden would replace Donald J.. Trump card. The Trump campaign lost trial after trial in its desperate attempt to hold on to the White House. And even Trump himself seemed a little bit acknowledging the reality when he said he would acknowledge the results if the electoral college said Biden won.

Even in a week where gold miners were bashed across the board by investors, Newcrest’s double-digit percentage decline was noticed. The company had no new announcements. Maybe it’s just proof that size really does matter. In 2019, Australia-based Newcrest had an estimated reserve of 52 million ounces of gold – the fourth largest of any mining company on the planet. Not bad until you’re at No.. to compare. 2 barricks 71 million ounces.

It’s hard not to feel bad about Real Matters and its new CEO, Brian Lang. The company’s shares – an IT provider serving the mortgage and insurance industries – have fallen since the company reported third-quarter earnings in November. 20th. Must have been a bad result, right? Uh no. The company was $ 12. 7 million net profit in the quarter, more than 50 percent more than the same period last year. Richard Tse of National Bank Financial suggested increasing the number of U’s. S.. . Lenders granting refinancing waivers could be behind the sell-off. These exemptions mean that fewer borrowers will use real estate appraisers who are Real Matters customers.

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Aurora Cannabis, Stock

LevelMagazine – CA – Stock fluctuations and setbacks for the week through November. 27
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