What’s Going On With Aurora Cannabis Stock Tuesday?
Aurora Cannabis Inc (NASDAQ:ACB) shares are in the spotlight Tuesday. The company’s previously announced share consolidation is set to go into effect at the market open.
What To Know: Aurora Cannabis announced the completion of its consolidation of common shares on a 10 to 1 basis. The common shares will begin trading on a post-consolidation basis at the opening of trading on Tuesday.
Aurora Cannabis also announced that it appointed former Bristol Myers-Squibb executive Simona King to CFO, effective Feb. 21. Aurora’s current CFO Glen Ibbott will be stepping down from his role effective Tuesday to pursue new opportunities. Ibbott will remain in an advisory role for a few months to help ensure a smooth …