December 4, 2018 / 1:21 PM / 2 years ago

BUZZ-Aphria: Trading halt as drop continues on short-seller report

** Trading in Aphria’s US-listed shares halted for news pending, with the stock down 11.1 pct premarket on Tuesday

** AHPA sank 23.4 pct on Monday after a short-seller report questioned some of the Canadian cannabis producer’s Latam deals

** In a statement, Aphria called the report “a malicious and self-serving attempt to profit by manipulating Aphria’s stock price at the expense of Aphria’s shareholders”

** APHA said it got “financial advice and a fairness opinion from a reputable firm” that the deal value was “fair”

** APHA is now down about 60 pct YTD after three straight years of posting gains in excess of 150 pct (Reporting by Savio D’Souza)

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