Energy stocks are finding support in the Canadian market on Wednesday thanks to higher crude oil prices, while stocks from the rest of the sectors are largely subdued with investors looking for directional cues.
Energy stocks are finding support in the Canadian market on Wednesday thanks to higher crude oil prices, while stocks from the rest of the sectors are largely subdued with investors looking for directional cues.
Market movers: Stocks that saw action on Thursday - and why Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer
On the rise
Aphria Inc. (APHA-T) soared after it posted a quarterly adjusted profit on Thursday compared to year-ago loss, as demand for cannabis and related products surged during the cornavirus-induced lockdowns.
The results come on the heels of Democrats securing control of the U.S. Senate, which paves the way for Congress to potentially approve legislation that would repeal the nearly century-long federal prohibition on cannabis.