Tilray Brands, Inc. is seeing a positive movement in its stock price today, largely driven by the growing trend of hemp-derived beverages as an alternative during "Dry January." The company has been capitalizing on this trend by selling hemp-derived Delta-9 THC beverages, which reportedly offer profit margins exceeding those of traditional beer sales. These products are being distributed through Tilray's cr
Tilray Brands (TLRY) closed at $1.18 on January 15th, unchanged from the previous day, despite a volatile trading session that saw the stock reach a high of $1.23 and a low of $1.17. The trading volume was 35,186,646 shares, slightly above the average, indicating heightened investor interest. The stock's movement was influenced by mixed news. On January 15th, Roth Capital revised its FY2025 earnings estima
Tilray Brands, Inc. is seeing a modest uptick in its stock price today, driven by recent strategic moves and market expansion efforts. The company has made significant investments in its vape and infused pre-roll categories, which are expected to enhance its Canadian adult-use cannabis sales. Analysts from TD Cowen have noted that these investments should improve Tilray's participation in these categories,
Tilray (TLRY) closed unchanged at $1.18, despite a day marked by high trading volume, reaching 112.82% of its average. The stock opened at $1.18, fluctuating between a low of $1.15 and a high of $1.19. The lack of price movement comes amid mixed news and investor sentiment. A major research firm recently lowered its price target for Tilray by $0.50, citing concerns over the company's financial performance.
Tilray Brands, Inc. is facing downward pressure today following a recent price target reduction by a major research firm, which lowered its target by $0.50. This adjustment reflects concerns over Tilray's financial performance, particularly after the company reported revenue of $211 million, missing analyst estimates of $216.3 million. Despite providing a revenue guidance for 2025 that exceeds expectations,
Tilray Brands, Inc. (TLRY) is experiencing a decline in its stock price today, which can be attributed to several factors. The company recently announced a significant restructuring of its beverage business, known as Project 420, which involves cutting over 300 SKUs and eliminating certain states from its distribution network. This move is part of a broader strategy to generate $25 million in cost savings a
Tilray Brands (TLRY) experienced a significant decline today, closing at $1.23, down 10.22% from the previous close of $1.37. The stock opened at $1.24, reached a high of $1.27, and hit a low of $1.18, with trading volume surging to 60,472,917 shares, nearly double the average volume. The drop was primarily driven by the release of Tilray's fiscal Q2 2025 earnings report, which revealed mixed results. Reven
Tilray Brands, Inc. is experiencing a decline in its stock price today following the release of its fiscal Q2 2025 earnings report. The company reported mixed results, with revenue falling short of Wall Street's expectations at $211 million, compared to the anticipated $216.34 million. Despite this, Tilray managed to exceed expectations with its bottom line, reporting flat adjusted EPS against a consensus o
Tilray Brands, Inc. is facing a significant drop in its stock price today following the release of its Q2 2025 financial results. The company reported a quarterly loss of $0.10 per share, missing the consensus estimate of a $0.04 loss, which represents a negative earnings surprise of 150%. Additionally, Tilray's revenue of $210.95 million fell short of expectations, missing the consensus estimate by 3.33%.
Tilray Brands, Inc. is experiencing a decline in its stock price today, which may be attributed to a combination of factors. The recent launch of SweetWater Brewing's new Daytrip IPA, while a strategic move to diversify Tilray's product offerings, has not been enough to offset investor concerns. The craft beer market is highly competitive, and the success of this new product will depend on its ability to st
Tilray Brands, Inc. is experiencing a decline in its stock price today, which may be attributed to the market's reaction to the company's upcoming fiscal Q2 earnings report. Analysts have expressed concerns about Tilray's financial performance, highlighting the company's history of missing earnings estimates and the ongoing issue of share dilution due to acquisitions and cash burn. The anticipated earnings
Tilray Brands (TLRY) saw a positive movement today, closing at $1.45, up 3.57% from the previous close of $1.40. The stock opened at $1.41 and reached a high of $1.48, with trading volume significantly exceeding the average at 164.10% of the norm. The upward momentum was primarily driven by Tilray's German subsidiary securing a tender to supply medical cannabis to Luxembourg, a development that has been wel
Tilray Brands, Inc. is experiencing an uptick in its stock price today, driven by positive developments in its European operations. The company's German subsidiary recently secured a tender to supply medical cannabis to Luxembourg, which has been well-received by the market. This contract highlights Tilray's expanding footprint in the European cannabis market, a region with growing demand for medical cannab
Tilray Brands, Inc. is seeing a positive uptick in its stock price today, driven by recent developments in Luxembourg's cannabis market. The company's German subsidiary, Tilray Deutschland GmbH, has secured a tender to supply high-quality cannabis flowers to Luxembourg. This move comes as Luxembourg has recently legalized recreational cannabis use, with the government estimating sales tax revenues to exceed
Tilray Brands, Inc. (TLRY) experienced a decline today, closing at $1.40, down 3.45% from the previous close of $1.45. The stock opened at $1.48 and reached a high of $1.51 before declining to its low of $1.40. Despite the announcement that Tilray's German subsidiary secured a tender to supply Luxembourg with medical cannabis, the stock faced downward pressure. The news, while positive, was perceived by som
Tilray Brands, Inc. is experiencing a positive movement today following the announcement that its German subsidiary, Tilray Deutschland GmbH, has secured a tender to supply Luxembourg with high-quality cannabis flowers. This tender, awarded by the Ministry of Health and Social Security for the Grand Duchy of Luxembourg, underscores the trust placed in Tilray Medical's ability to deliver premium medical cann
Tilray Brands, Inc. (TLRY) experienced a slight decline today, closing at $1.45, down 0.68% from the previous close of $1.46. The stock opened at $1.46 and fluctuated between a high of $1.49 and a low of $1.43, with trading volume reaching 41,152,833 shares, significantly above the average of 30,612,090 shares. The day's movement was influenced by mixed investor sentiment surrounding the company's decisio
Tilray Brands, Inc. has recently moved its earnings announcement to January 10, 2025, sparking discussions among investors about the potential implications of this decision. Some Reddit users speculate that the timing could indicate positive earnings, with one user noting, "If I had positive earnings, I would most definitely want the market to be open." Others are less convinced, suggesting that the date ch
Tilray Brands, Inc. (TLRY) is experiencing a notable uptick in its stock price today, driven by a combination of factors. Reddit discussions are buzzing with optimism as tax loss harvesting, a common year-end strategy, has concluded, potentially alleviating some selling pressure on the stock. One user expressed enthusiasm for the new year, stating, "Looking forward to 2025! 💥 Yes!! Happy new year 🎊." This
Tilray Brands, Inc. (TLRY) experienced a decline today, closing at $1.33, down 2.21% from the previous close of $1.36. The stock opened at $1.37 and reached a high of $1.38 before dipping to a low of $1.28. The trading volume was notably high at 36,210,046 shares, surpassing the average volume by 19.80%. The decline in TLRY's stock price can be attributed to several factors. Recent financial reports reveal