Aurora Cannabis soars 16% after saying it expects sales to jump next quarter

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Aurora Cannabis soars 16% after saying it expects sales to jump next quarter
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CEO Terry Booth said that success has been driven by a focus on quality, regulatory compliance, and appropriate Board of Director oversight.

Aurora Cannabis, the Canadian weed producer, gave an update on fiscal fourth-quarter 2019 performance that shows strong revenue growth. Shares spiked as much as 16% on the news. Cannabis companies have struggled to win investors confidence over the summer, but a few key players have turned a corner recently. Watch Aurora trade live on Markets Insider.

Aurora Cannabis, the Canadian weed producer, gave an update on fiscal fourth-quarter 2019 performance that shows strong revenue growth. Shares spiked as much as 16% on the news. Cannabis companies have struggled to win investors confidence over the summer, but a few key players have turned a corner recently. Watch Aurora trade live on Markets Insider.

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