Pot Stock Aphria Drops 43% and Two Other Numbers You Need to Know – Barron's

Tibor Kárpáti

Numbers By Barron’s is a two-minute financial podcast with three vital numbers to start your morning. Available on iTunes, Stitcher, and wherever you get your podcasts—as well as on your Amazon Alexa smart speaker

Three numbers to start your day:

2.9% was where the government’s 10-year Treasury note slid to

—making the yield curve flatter and that much closer to what is known as an inversion.

When that happens, that often signals a recession and a bear market.

That helps explain why stocks sold off on Tuesday. All three major benchmark indexes dropped more than 3%. So much for the post G20 relief rally.

$200 million is how much marijuana company Aphria spent to acquire companies

—alleged to be of little value in Jamaica, Colombia, and Argentina. Doesn’t seem like a big deal, but investors are reacting to it.

A hedge fund manager at a short-selling conference Monday alleged that those acquisitions enriched a founding shareholder and described the company’s moves as “sinister.” The company and the founding shareholder said the acquisitions were proper.

Aphria’s stock has plummeted 43% over the last two days.

2% is roughly how much “shrinkage” the typical supermarket experiences

Shrinkage is what retailers call the loss of salable products due to theft or error. But Amazon could do away with all that.

Amazon.com is testing cashierless checkout tech, which tracks what shoppers buy and charges them automatically as they leave, according to The Wall Street Journal. That could be a game-changer for not just grocery shopping but for retail too, so says DataTrek Research.

Perhaps that gives Amazon’s stock an edge over Apple’s and Microsoft ’s . The three are neck

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