What happened to Aphria shares?
Jun 03, 2021 · On Dec. 16, 2020, Aphria (APHA) and Tilray (TLRY) announced a merger that has created the world’s largest cannabis company. Both stocks jumped after the announcement as markets welcomed...
When will TLRY shareholders vote on the merger with Aphria?
Apr 30, 2021 · Aphria's (NASDAQ:APHA) last trading day is today after it complete its deal with Tilray (NASDAQ:TLRY).; The effective date for suspension of the shares is Monday, according to a Nasdaq delisting ...
How much money has Aphria lost in 2020?
May 20, 2021 · Real-time trade and investing ideas on Aphria Inc. APHA from the largest community of traders and investors. Rooms Shows Rankings Earnings Newsletters Shop. Cancel. Log In. Sign Up. DOW 0.00%. S&P 500 0.00%. NASDAQ 0.00%. Trending now. Aphria Inc. 15.38 0.07 (0.45%) Watch. Aphria Inc. NYSE Updated May 20, 2021 4:00 AM.
What happens to Aphria stock after merger?
The deal is expected to close in the second quarter. Under the terms of the proposed deal, Aphria shareholders will receive 0.8381 of a Tilray share of class 2 common stock for each Aphria share owned.May 2, 2021
Is APHA delisted?
End of APHA stock, you say? Well, it is being delisted. But shareholders, who voted an astonishing 99.38% in favor of the merger, got 0.8381 of a share of TLRY stock for each of their Aphria shares. That's 0.8381 of a share of stock in what is now the largest cannabis company by revenue.May 5, 2021
What will happen when Aphria and Tilray merger?
Under the deal, structured as a reverse acquisition of Tilray, each Aphria shareholder will receive 0.8381 Tilray shares for each Aphria share held. That means Aphria shareholders would own roughly 62% of outstanding Tilray shares.May 3, 2021
Why did APHA stock drop?
Aphria stock plunged Monday after the Canadian cannabis firm missed expectations for third-quarter sales and its net loss widened. Also falling were shares of Canadian peer Tilray , which plans to merge with Aphria.Apr 12, 2021
Why is APHA untradeable?
Stocks may not be searchable, or may be labeled as untradable for a few reasons: The exchange has paused trading. The stock was delisted from the major exchanges and trades in the OTC market. It's a foreign security, which we don't support.
Is APHA now Tilray?
After Tilray's (TLRY) shareholders voted in favor of the proposed merger Aphria (APHA) last Friday, the two cannabis companies announced today the completion of the transaction.May 3, 2021
Is Tilray an American company?
(Tilray) is a global pharmaceutical, cannabis-lifestyle and consumer packaged goods company, incorporated in the United States, headquartered in New York City, New York. Tilray also has operations in Canada, Australia, New Zealand, and Latin America, with growing facilities in Germany and Portugal.
Did Tilray buy Aphria?
Tilray-Aphria merger closes, expanded company to control biggest share of Canadian pot market. Canadian cannabis companies Tilray Inc. and Aphria Inc. say their merger deal has now closed after receiving approval from shareholders of both companies.May 3, 2021
Why is Tilray closing?
Cannabis production company Tilray closing its offices, facility in Nanaimo, B.C. The company says it is closing the facilities to save costs following a merger a few months ago with Aphria Inc. which is based in Ontario.Sep 20, 2021
What is the stock price of APHA?
Key Turning Points52-Week High32.29Fibonacci 50%17.53Last Price15.38Fibonacci 38.2%14.0552-Week Low2.781 more row•Apr 30, 2021
Will Aphria merge with Tilray?
Meanwhile, the shares of Tilray, with whom Aphria has agreed to merge, have surged 99% in 2021. But recent information suggests that, as I had previously predicted, Congress won’t legalize cannabis anytime soon. In all likelihood, in order to legalize the drug, all 50 Democratic U.S. senators, plus at least ten Republican senators, ...
Is cannabis stock up in 2021?
Marijuana stocks have rallied tremendously this year, largely based on speculation that the U.S. Congress would legalize cannabis. Indeed, even after the recent pullback of APHA stock, the shares are up 95% so far in 2021. Meanwhile, the shares of Tilray, with whom Aphria has agreed to merge, have surged 99% in 2021.
Who is the CEO of Aphria?
Aphria's CEO Irwin Simon is taking over that role with the reconstituted Tilray, and has also become the chairman of the new company's board of directors. To mark the new phase of its existence, Tilray has also changed its corporate logo. Image source: Getty Images.
Does Eric Volkman have a position in any of the stocks mentioned?
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Prev. 1. 2. 3.
When will tilray and aphria merge?
Tilray (NASDAQ: TLRY) shareholders will vote on the all-stock merger with Aphria (NASDAQ: APHA ) on April 30. Aphria shareholders will receive 0.8381 shares of TLRY stock for every one share of APHA stock they own. Aphria’s shareholders have already voted and approved the merger on April 15.
Will Tilray shareholders approve the merger?
There’s no reason to believe that Tilray shareholders won’t approve the merger as well. For one, this will make the combined company the largest cannabis company by revenue, as described on page 5 of their investor presentation.
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Questions about transferring between Degiro accounts (of two different countries)
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Incident regarding real time price feed
This is what i got when i opened Degiro today..I assume im not the only one so dont freak out when you open degiro and see this
Has anyone withdrawn from Degiro recently? I'm 4 days and still no cash
Has anyone withdrawn from Degiro recently? I'm 4 days and still no cash
What happened
One day after making the most earth-shaking announcement in its history, Canadian marijuana company Aphria ( APHA ) saw its stock close 5.5% lower on Thursday. That was quite the comedown from the high of its news on Wednesday that it is effectively acquiring a rival, Tilray ( TLRY ), to create the world's largest cannabis business.
So what
Stifel Financial prognosticator Andrew Carter cut his recommendation on Aprhia shares on Thursday; he now rates them a hold, from the previous buy. While doing so, however, he raised his price target on the stock to 9.90 Canadian dollars ($7.77); it was formerly CA$8.25 ($6.48).
NASDAQ: APHA
"We believe the shares are likely to remain in a holding pattern over the near-term as investors gain confidence with the combined platform's long-term potential," he added.
Now what
This in itself shouldn't dissuade marijuana stock investors; they are a hardy bunch used to negative press/analysis.
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