Why Aurora Cannabis Stock Plunged 22% in July

Why Aurora Cannabis Stock Plunged 22% in July

Shares of Aurora Cannabis (NASDAQ: ACB) tumbled 22% for the month of July, according to data provided by S&P Global Market Intelligence, even as the Horizons Marijuana Life Sciences Index ETF fell 11% and the S&P 500 managed to cobble together a 2.2% gain. Aurora, one of the Robinhood investing app's most-held stocks, has enjoyed few bright moments in 2021.