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Aurora Cannabis stock price hit an all-time low despite beating fourth-quarter results. Investors reacted strongly to declining revenues as their consumer cannabis sales dropped almost 9% from the past year period and the company sees an extension of the declining trend in the first quarter this year.
Shopify stock price retreated sharply in the past two weeks after hitting all-time high of $1140 at the beginning of this month. The shares of internet services and e-commerce company plunged below the $930 amid the broader market selloff. However, the market analysts are seeing a significant upside potential in the days ahead for Shopify stock.
Zoom stock price regained momentum after plunging sharply at the beginning of the year due to the broader market tech selloff. After hitting $350, the shares of the video calling company bounced back above $400.
Essential Insights Asian equities started the week higher amid vaccine hopes along side its US equity counterparts The WHO reported a record single day increase in global covid-19 cases at 308,000 cases An important day in UK parliament as the Internal Market Bill is debated Japan’s Shinzo Abe replacement has been announced with Yoshihide Suga […]