Canadian Stocks That Surged Highest Today: $AT $RZZ $TH

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AcuityAds Holdings Reports 24% YoY Decrease In Total Revenue In Q2

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AcuityAds Holdings Inc. (TSX:AT) was amongst the top gainers in yesterday's trading session gaining 10.36%. The company has announced its Q2 2020 results in which it posted total revenue of $19.6 million which is a 24% decrease from a year ago which was mainly due to a reduction in customer spending due to the pandemic. Net revenue in the quarter was $10.1 million while adjusted EBITDA increased 100% to $2.1 million. Net loss in the quarter was $1.6 million with adjusted net income being $1.4 million.

The company announced that its co-founders Tal Hayek the CEO, Joe Ontman the Chief Business Development Officer, and Client Operations VP Rachel Kaplan have adopted automatic securities disposition plans as per the Canadian provincial securities laws.

Abitibi Royalties Declares Monthly Dividend Payment For Q4 Of $0.0125 Per Share

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Abitibi Royalties Inc. (TSX:RZZ) is also another stock that gained most in yesterday's trading session gaining 9.39%. The company has declared its Q4 2020 dividend payments to CA$0.0125 per share. The monthly dividend will be paid on October 30, 2020, November 30, 2020, and December 31, 2020 t shareholders that will be on record on October 2, 2020, November 6, 2020, and December 4, 2020, respectively.

The December 2020 dividend payment will be the 12th payment the company will make to shareholders following the adoption of dividend policy in September 2019.

Theratechnologies Launch Tragrazo(R) In Germany

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Another stock that was amongst the top gainer in yesterday's session is Theratechnologies Inc. (TSE:TH) which gained 7.84%. The company has launched has announced the launch of Trograzo(R) in German through its subsidiary Theratechnolgoies Europe Limited. The company filed a health assessment for Trogarzo(RO with Gemeinsamer Bundesausschuss and as per the regulations of Germany the company can commercialize Trograzo(R) as the application is reviewed.

Also, the company has announced plans to pursue the third phase of the clinical development of tesamorelin in treating Non-Alcoholic Steatohepatitis in the general population. The company CEO Paul Levesque stated that following careful review of their file and discussion with scientific advisers the company had decided to pursue the third phase tesamorelin development for NASH treatment.

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