Aurora Cannabis stock halted awaiting news. potentially about a 10% staff cut
Aurora Cannabis Inc. shares ACB, -5.60% ACB, -5.16% were halted for news pending in afternoon trading Thursday, amid reports the company is planing job cuts. Aurora is planning to lay off 10% of its staff, BNN Bloomberg reported. The company did not immediately respond to a request for comment. The stock fell 5.6% before the halt, and is down 74% in the last 12 months, while the ETFMG Alternative Harvest ETF MJ, -0.78% has fallen 52% and the S&P 500 SPX, +0.37% has gained 22%.
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