Aphria (NASDAQ: APHA) stock plunged more than 10% in the pre-market trading session as it reported a loss of C$98 million or C$0.39 per share in the fourth quarter of 2020. However, revenue in the final quarter of 2020 rose 18% year-over to C$152 million.
Q4 results included a non-cash impairment charges of C$64 million, which is largely attributable to measures taken with respect to certain of the company’s international businesses in response to the COVID-19 pandemic.
The Ontario-based cannabis producer transferred its listing from NYSE to NASDAQ with effect from June 8, 2020.
Ferrari NV (NYSE: RACE) reported second-quarter financial results before the regular trading hours on Monday. RACE shares fell 2.3% immediately following the announcement. The stock has increased by 8% since
Tyson Foods, Inc. (NYSE: TSN) reported better-than-expected earnings for the third quarter. Meanwhile, revenues missed the Street view. The packaged food company posted adjusted earnings of $1.40 per share for the
As the business world limps back to normalcy from the crisis set off by coronavirus, most e-commerce companies are going through a period of hectic activity, thanks to the spurt