VIVO Cannabis Inc. V.PDA

RE:Vivo down 1%

[jfogarty12]

you want DOWN TRY THIS ONE:

bleak outlook  at least Vivo is not in this boat!

Aurora shares hit two-year-low as analysts cast sweeping downgrade 

Shares of Aurora Cannabis plunged on Friday following the pot giant’s massive corporate update that revealed the company’s CEO, Terry Booth, is stepping down and that the pot producer will write down nearly $1 billion in assets. Not surprisingly, analysts are skeptical that Aurora can achieve its cost-cutting goals. At least four sell-side analysts downgraded their ratings on the company’s stock, while many also reduced their 12-month price targets on Aurora shares. BMO Capital Markets’ Tamy Chen said she remains cautious that Aurora can achieve positive cash flows by the time the company’s at-the-market equity program is used up.