Shares of Aphria rose 1.86% to $8.27 at 09:48 EST on Wednesday, after two sequential sessions in a row of losses. The Nasdaq Stock Market is jumping 1.25% to $12,595.10, after two sequential sessions in a row of gains. This seems, as yet, an all-around positive trend exchanging session today.
Aphria's last close was $7.88, 7.38% 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, "BNN Bloomberg Television earlier reported that Aphria and Tilray were in advanced talks. ", "A new giant in the fast-growing cannabis industry will be created after Tilray Inc. and Aphria Inc. agreed to combine their operations."
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, "Aphria shareholders will hold 62% of the combined company, with the company paying a 23% premium over Tilray's Tuesday closing price. ", "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 $8.27 at 09:48 EST, under its 52-week high of $8.88 and way higher than its 52-week low of $1.95.