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Aphria Stock Bullish By 2% So Far On Wednesday

ViaNews Editorial Team

December 16, 2020

Aphria Stock Bullish By 2% So Far On Wednesday

Shares of Aphria jumped 2.65% to $8.34 at 12:55 EST on Wednesday, following yesterday's upward trend. The Nasdaq Stock Market is rising 0.36% to $12,640.70, after two consecutive sessions in a row of gains. This seems, up to now, a somewhat positive trend trading session today.

Aphria's last close was $8.12, 6.47% below its 52-week high of $8.88.

News about Aphria today

Aphria, tilray announce deal to create biggest cannabis company. According to today's article on Bloomberg Quint, "The new company will trade under Tilray's ticker on the Nasdaq, and Aphria shareholders will own 62% of Tilray's stock under the terms of the transaction, which was characterized as a "reverse acquisition of Tilray." ", "Kennedy said Aphria's two assets in Germany -- a distribution center for medical prescriptions and a cultivation facility -- were particularly attractive."

Tilray stock soars after 'reverse' merger deal with Aphria at a 23% premium. According to today's article on MarketWatch, "Shares of Tilray Inc. soared 30.8% in premarket trading and Aphria Inc.'s U.S.-listed stock surged 9.9%, after the Canada-based cannabis companies announced a merger, which they say will create the largest global cannabis company, with a combined equity value of about $3.9 billion. ", "After the deal closes, which the companies said was structured has a "reverse acquisition" of Tilray, Aphria shareholders will own 62% of outstanding Tilray shares. "

Stocks making the biggest moves in the premarket: tilray, Aphria, penumbra, Moderna & more. According to today's article on CNBC, "Tilray (TLRY), Aphria (APHA) - The Canadian cannabis companies will combine in an all-stock deal that will create the world's biggest cannabis producer. ", "Tilray shares surged 30%, while Aphria shares jumped more than 8% in the premarket."

Aphria's Stock Top and Bottom Yearly Value

Aphria's stock is valued at $8.34 at 12:55 EST, below its 52-week high of $8.88 and way above its 52-week low of $1.95.

Aphria's Moving Average

Aphria's value is way higher than its 50-day moving average of $6.52 and way above its 200-day moving average of $5.15.

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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