Aritzia’s shares rise with the demand for their clothing while commodities slowdown affects Teck Resources. Here are the past week’s winners and losers.
dentalcorp Holdings Ltd -7.67%
Shares of the Toronto-based dental clinic chain have been on a decline ever since Burnaby-based 123Dentistit would merge with Toronto-based Altima Dental to form a national chain of dental clinics, one poised to rival that of dentalcorp. Shares of dentalcorp have tumbled more than 26 per cent in the past six months. If approved, a national dental chain created out of the merger could sink its teeth into dentalcorp’s market share and its stock price.
in the resource sector, like Vancouver-based Teck Resources. Due to slowing demand, copper prices have slid to their lowest level in nearly two years. Shares of Teck Resources, a major producer of coal and copper, have fallen more than 16 per cent in the past month.that would decriminalize marijuana in Senate last week — but it appears that the high from investors has worn off. Pot stocks in the U.S. and Canada are once again on a decline.