Tilray Stock Sinks as Analyst Gives $0 Price Target
Tilray stock is tanking today after analysts at GLJ Research offered a $0 price target for Tilray Inc (NASDAQ:TLRY) following the company's disappointing fourth-quarter results, posted earlier this week. Earnings Disappointment For the fourth-quarter, Tilray ... [Read]
Tilray Stock Drops as Analysts Predict Widening Loss: Earnings Released
Tilray stock is in the red today as the company prepares to post its fourth-quarter earnings after hours on March 2, with analysts expecting to see a sizeable rise in revenue despite a widening loss. ... [Read]
Tilray Stock Down on Lawsuit Over Terminated Takeover
Tilray stock is sinking today after it emerged that the Canadian cannabis firm was being sued for breach of contract after terminating a C$110 million deal to buy 420 Investments Ltd. Tilray Pulls the Plug ... [Read]
TLRY Stock Falls After Announcing 10% Lay-Off to Reduce Costs
TLRY stock is falling this morning after Tilray (NASDAQ:TLRY) said that it is laying off about 10% of its workforce to reduce costs. Effort to Become Profitable Many cannabis stocks may have rebounded in 2020, ... [Read]
Tilray Stock Gains on Receipt of EU GMP Certification
Tilray stock is in the green today after the company announced that it had received a Good Manufacturing Practice (GMP) certification from the EU for its manufacturing facility in Cantanhede, Portugal. Tilray Stock Pops on Portuguese ... [Read]
TLRY Stock Gains Momentum, Soars 50% This Week
The cannabis sector had a pretty hard time for much of 2019 due to a range of structural issues, but the New Year has been kinder so far for many of the well-known cannabis stocks. ... [Read]
Tilray Stock Pops Following New Executive Appointments
Tilray stock is soaring on Tuesday after the company announced changes to its executive management with the appointment of a new CFO and COO. Experienced New Heads Nanaimo-based Tilray Inc (NASDAQ:TLRY) announced the appointment of ... [Read]
Tilray Stock Drops Despite Signing First-Ever Israeli Cannabis Shipment
Tilray stock is dropping today despite the company announcing that it had signed the first-ever deal to deliver medical-use cannabis to Israel. Landmark Israel Deal Canadian cannabis firm Tilray Inc (NASDAQ:TLRY) revealed today that it ... [Read]
Tilray Stock Drops as Workers Wait on Union Vote Result
Tilray stock is trading down slightly today after workers at the company's Nanaimo facility wait to see if they can join the United Food and Commercial Workers Union (UFCW). Skewed Votes The union is looking ... [Read]
Tilray Stock Falls 2% After Reporting Mixed Q3 Earnings
Tilray stock is under pressure in Wednesday's trading session after Tilray Inc (NASDAQ:TLRY) reported mixed earnings for the third quarter. The past few days have proven to be a hectic time for the cannabis industry ... [Read]