Aphria shares tumble on $99M fourth-quarter loss

Mugglehead
By Jared GnamJul 29, 2020, 7:51 pm248 pts
Despite gaining significant market share, shares of Aphria Inc. (TSX: APHA) plunged 18 per cent as the Canadian mega-producer reported steep impairment charges on foreign assets amid the Covid-19 pandemic. The Ontario-based company said Wednesday it earned $152.2 million in net revenue for the fourth quarter…

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