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 Inc8.50 CAD-1.16Rating
BlackBerry Ltd3.78 CAD-2.83Rating
Bombardier Inc Registered Shs -A- Multiple Vtg Conv87.97 CAD-3.00
Bombardier Inc Registered Shs -B- Subord Vtg88.12 CAD-2.90Rating
Brookfield Renewable Partners LP36.36 CAD-3.89Rating
BRP Inc89.35 CAD-2.41Rating
Canadian Tire Corp Ltd235.01 CAD-4.08
Canadian Tire Corp Ltd Class A133.02 CAD-1.23Rating
Canopy Growth Corp11.59 CAD0.35Rating
Green Thumb Industries Inc14.99 CAD-0.07Rating
SNC-Lavalin Group Inc52.94 CAD-0.51Rating
Tilray Brands Inc2.48 CAD0.00Rating

About Author

Ruth Saldanha

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

 
 
 

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