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Stock impact report

Investor Alert: Kaplan Fox Investigates Aurora Cannabis Inc.

Aurora Cannabis Inc. - Common Shares (ACB) 
Company Research Source: PR Newswire
NEW YORK, Nov. 19, 2019 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors who purchased shares of Aurora Cannabis Inc. ("Aurora Cannabis" or the "Company") (NYSE: ACB) on the New York Stock Exchange.On November 14, 2019, after the market closed, Aurora Cannabis issued a press release reporting its financial results for the first fiscal quarter of 2020 ended September 30, 2019.   Among other things, the Company reported a 24% sequential decline in revenues compared to the fourth fiscal quarter of 2019.  The Company also announced that it is offering early conversion to holders of convertible debentures due in March 2020, ceasing construction of a facility in Denmark, which is expected to save approximately $80 million over the next 12 months, and deferring construction of a facility in Canada to conserve approximately $110 million of cash.Also on November 14, 2019, during the conference call to discuss the results, the Compan Show less Read more
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