Why Aurora Cannabis, Aphria, and Charlotte's Web Stocks Are Wilting Wednesday
The stock market's meltdown continued Wednesday morning, with the S&P 500 falling close to 3%. As of midday trading, Aphria shares shed 3.5%, and Charlotte's Web was down 5% -- but Aurora Cannabis shares recovered to only a 2.6% loss, which is actually a somewhat smaller-than-average loss relative to the market as a whole. This is surprising because, of the three marijuana stocks named, Aurora Cannabis is actually the only one that has specific bad news attached to it today.