These 3 Growth Stocks Are Down More Than 61% -- Is Now the Time to Buy?

Tilray and SNDL are both down by over 59%, and Aurora's shares are performing even worse, losing more than 77% of their value. Considering that the market-tracking SPDR S&P 500 ETF Trust is only down by around 21.9%, it's no shock that shareholders are second-guessing their investments in these so-called growth stocks, nor is it surprising that potential buyers are hesitating to start new positions. In fact, with the exception of SNDL, their quarterly gross margins have actually gotten worse over the last three years.