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Top Canadian Stock Gainers and Losers of August 2023

Continuing the trend of July this month, cannabis continued to gain – with Tilray, Canopy and Green Thumb stocks leading the charge, while Bombardier, BRO and Canadian Tire plunged.

Ruth Saldanha 1 September, 2023 | 10:02AM
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Top Stock Gainers August 2023

Cannabis led the charts in August, with Green Thumb Industries GTII leading the pack, up 33.23% in August. This burst left the stock up 4.76% for the year.  

Tilray Brands TLRY shot up 20.24% in August, continuing its run up from July. The stock is now up 8.45% for the year.

Canopy Growth WEED also bounced 18.46% last month, slowly erasing some of the its losses. It is still down 74.48% for the year, though.

SNC-Lavalin Group SNC gained nearly 15% in August. The stock is up an eye-watering 84% for the year to date.

Blackberry BB reversed its losses from last up, ending August up 12.3%. The stock is up 71% for the year.

Top Stock Losers in August 2023

In August, Bombardier BBD.D fell the most of the stocks in our coverage universe down 16.5%. The stock is up 5.4% for the year,

As summer comes to a close, ski-doo maker BRP DOO fell 14.8% for the month, and is only a little in the green since the start of the year.

Canadian Tire CTC.A lost 11.5% for the month, though the stock is up nearly 17% so far this year.

Aurora Cannabis ACB is the top cannabis loser for the month, down 10.67% in August, even as its peers gained.

Brookfield Renewable Partners BEP.UN was down 9.9% for August, but is up 3.6% for the year.

 

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Aurora Cannabis Inc5.90 CAD1.55
BlackBerry Ltd4.38 CAD2.34Rating
Bombardier Inc Registered Shs -A- Multiple Vtg Conv84.10 CAD1.19Rating
Bombardier Inc Registered Shs -B- Subord Vtg84.02 CAD1.20Rating
Brookfield Renewable Partners LP30.40 CAD1.98Rating
BRP Inc45.40 CAD0.07Rating
Canadian Tire Corp Ltd222.00 CAD1.60
Canadian Tire Corp Ltd Class A151.60 CAD2.49Rating
Canopy Growth Corp1.65 CAD13.01
Green Thumb Industries Inc7.47 CAD3.46Rating
SNC-Lavalin Group Inc66.60 CAD0.59Rating
Tilray Brands Inc0.64 CAD4.92Rating

About Author

Ruth Saldanha

Ruth Saldanha  is Editorial Manager at Morningstar.ca. Follow her on Twitter @KarishmaRuth.

 
 
 

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