Aphria Inc. stock falls Tuesday, underperforms market

Aphria Inc. stock falls Tuesday, underperforms market

Shares of Aphria Inc. APHA, -8.81% slipped 8.81% to $13.14 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP, -0.92% falling 0.92% to 13,786.27 and Dow Jones Industrial Average DJIA, -0.75% falling 0.75% to 33,821.30. The stock’s fall snapped a two-day winning streak. Aphria Inc. closed $19.15 short of its 52-week high ($32.29), which the company reached on February 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as GW Pharmaceuticals PLC ADR GWPH, -0.06% fell 0.06% to $218.40, HEXO Corp. HEXO, -6.79% fell 6.79% to $5.22, and OrganiGram Holdings Inc. OGI, -10.00% fell 10.00% to $2.34. Trading volume (16.0 M) remained 7.8 million below its 50-day average volume of 23.8 M.

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