Stock of the Day

December 23, 2021

Tilray Brands (TLRY)

$4.30
-$0.05 (-1.1%)
Market Cap: $506.99M

About Tilray Brands

Tilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, New Zealand, and South Africa. Tilray, Inc. is headquartered in Canada.

Today's Trend

Tilray Brands, Inc. (NASDAQ: TLRY) is seeing investor attention around several headlines that are helping explain why the stock has been under pressure and may remain volatile. Shares have been trending lower recently, as sentiment has been weighed down by analyst caution and the broader uncertainty around Tilray’s growth and profitability path.

Overall, TLRY appears to be moving lower mainly because investors are focused on cautious analyst views and near-term earnings risk, while the BrewDog bid offers a possible offset if Tilray can monetize that asset.

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