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.
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.
