Aurora Cannabis Inc. (ACBFF) and Aphira Inc. (APHQF) both saw about a 7%increase in value to their stocks on April 5th. The stocks were subjected to consistent selling all throughout March and early April but were finally able to get a bid in the late afternoon.
The news from Aphira’s facility expansion process was largely responsible for the increase in value to APHQF stock. The news brought an increase and broke an 11 session losing streak.
Aurora ended up being the one of the two stocks with the largest gained percentage at the end of market trading. The company also ended up being the largest gain in percentage of all cannabis stocks for the day.
Both Aurora and Aphira did not end up holding the full 7% increase in value for long.
APHQF stock currently trades at a 7.52% decrease from the most valuable point in the spike. It also currently trades at only a 1.12% decrease from before the massive gain on the 5th.