They are moving up and show share holders value?
Aurora traded as follows:
Today: $0.746
Price on 1/1/20: $2.25 (down 67% since New Years)
Price a year ago: $9.37 (down 92% in the past year)
Losing 92% in value is considered moving up and providing shareholder value?
To be fair, I will show Canb's trading:
Today: $1.00
Price on 1/1/20: $3.90 (down 74% since New Years)
Price a year ago: $14.4 (down 93% in the past year)
So, the investors in Aurora are better off than Canb? if you made the exact same investment in ACB and Canb, you would have only lost 1% less over a year with ACB. Are investors of ACB somehow happier because they have better advertising or websites?
That is a true comparison. It's comparing investment value.
Canopy was a little better:
Today: $13.98
Price on 1/1/20: $21.56 (down 35% since New Years)
Price a year ago: $44.59 (down 69% in the past year)
So, is losing 69% of your investment also moving up and providing shareholder value? Are investors happier because they lost less of their investment, but have better advertising?