Bqjy In This Crazy Stock Market, 1 TSX Company Keeps Its Cool
Air Canada聽 TSX:AC stock bounced back 32% in one month and is up about 50% in six months on hopes of a revival in demand. Notably, Air Canada stock got crushed amid the pandemic-led travel restrictions. Deep capacity
stanley mug cuts, higher net cas
stanley cup h burn rate, and growing debt led investors to sell Air Canada stock.聽Now, with the ongoing vaccination across the globe and easing of lockdown measures, Air Canada stock has started to gain steam. However, will the momentum in Air Canada stock sustain, or will near-term challenges drag it down 聽Near-term challenges聽Despite the vaccination drive, I believe widespread distribution would certainly take some time, which could continue to hurt Air Canada s prospects, as
stanley cup reflected through the lower advance bookings. Further, Air Canada s losses could continue to mount amid capacity cuts and a higher net cash burn rate.聽I expected Air Canada to report sequential improvement in its financial performance in Q4. However, its Q4 operating loss widened further wi Dkob Will India Emerge as the New China and Trigger the Next Commodity Boom
Cannabis stocks continue to trade significantly lower than their
stanley water jug 52-week highs. Several marijuana investors have burnt money over the last few months. Horizons Marijuana Life Sciences Index ETF TSX:HMMJ has also been impacted due to broader market weakness.HMMJ has fallen 10.5% this month. It fell 13% in August and 11% in July 2019. The ETF is trading at $12.66, which is 55% below its 52-week high of $27. The HMMJ ETF is trading close to its 52-week low of $12.49.Canopy Growth accounts for 10% of HMMJ. Aurora Cannabis TSX:ACB NYSE:ACB and Cronos Group account for 9.7% and 8.8%, respectively, of HMMJ. Let us see how HMMJ s top three holdings performed in September.Aurora CannabisShares of Aurora Cannabis have fallen 15% this month. ACB stock is tradi
stanley becher ng at $6.23, which is 61% below its 52-week high and 3.8% above its 52-week low. We have s
stanley mugs een that investors were unimpressed with ACB s fourth-quarter results, which were reported earlier this month.Aurora reported revenue below analys
