Despite the company's relatively small market cap, it should remain a lively issue, as it's one of the more popular pot stocks. The shares ended regular trading up 0.36% ahead of the earnings release report. TORONTO (Reuters) - Tilray Inc, which listed on the Nasdaq on July 19, rose 3.9 percent in after hours trade on Tuesday after reporting its second-quarter revenue almost doubled to $9.7 million (12.66 million Canadian dollars). SHARE. The stock is trading below the 50-day moving average (green) and above the 200-day moving average (blue), indicating the stock is likely trading in a period of consolidation. The situation isn’t particularly good for large-cap cannabis stocks, as the prospects for Canopy Growth and Aurora don’t seem that much better either once they release their results later this week. Pot Stock Pops on Post-Merger Bull Note. This week Tilray reported earnings and although revenues were up from last year, Q4 revenues declined by 20% sequentially. But some backers aren't deterred by the recent pullback. Tilray was the first major pot company to go public on a U.S. exchange and shares spiked to more than $100 not long after it went public in July … Tilray stock gained $1.41, or 18%, to $9.28 in after-hours trading. The stock is getting squeezed between a previous support and a potential resistance line. Tilray shares initially gained more than 7% in after-hours trading Monday following the earnings announcement, but those increases calmed down to closer to 2% later in the session. Shares of cannabis grower Tilray Inc (NASDAQ:TLRY) dropped immediately in after-hours trading Monday after reporting disappointing quarterly earnings following the closing bell that included a significant loss for the three-month period that ended Dec. 31. With Tuesday’s pop, Tilray almost rallied to $22.95, which is the 2020 pre-coronavirus high and a level that proved significant in 2021. TILRAY is also following the cannabis rally, even though the fundamentals aren`t there: 891.954M MARKET CAP and Net Income (FY) -321.169M. The shares of Tilray Inc (NASDAQ:TLRY) are up 4.5% to trade at $19.85 this morning, after the cannabis company received a bull note from Cantor Fitzgerald. Then the Barrons tweet hit. Its Composite Rating is a woeful 5 out of a best-possible 99. Cannabis giant Tilray reported its fiscal fourth-quarter results after market close on Monday. :) So be careful with this one. read more Tilray (NASDAQ: TLRY) shares fell 12% in after hours trading after Q4 revenue declined 20% sequentially.Find winning trades sent to your inbox every week with Trades Ideas!!!. Three months after peaking at $67 in … Will Tilray stock bounce back over the longer term? Get the latest Canopy Growth Corp (CGC) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Irwin Simon, Tilray CEO, discusses his company's launch of a medical cannabis brand called Symbios. TWEET. With shares down nearly 40% over the last six months, investors were … Tilray reported earnings … Tilray, Inc. Class 2 Common Stock (TLRY) After-Hours Stock Quotes - Nasdaq offers after-hours quotes and extended trading activity data for US and global markets. The Tilray Nasdaq IPO. Tilray stock was 0.3% after the close in the stock market today, after seesawing earlier in after-hours trading. Have breaking news sent to your inbox. Revenue for the full-year increased to $167 million ($217.4 million) up 287% year-over-year. Investors may trade in the Pre-Market (4:00-9:30 a.m. Cannabis giant Tilray reported its fiscal fourth-quarter results after market close on Monday. The stock was double upgraded from Underperform to … Tilray’s earnings report came hours after Canopy Growth ’s results beat expectations. Data is currently not available. Tilray has an average rating of "Hold" and an average price target of $20.55. Tilray: Not long after GME, another ticker, TLRY, caught my attention. ET Tilray missed earnings estimates and beat revenue estimates. However, the stock remained 54 per cent below the all-time high. Tilray stock, which has lost 53% over the past six months, was up more than 4% in the after-hours trading session Monday immediately following the company’s earnings. Tilray stock rose 12 percent on June 2 and gained another 7 percent in the after-hours trading session. After Hours: Last | 05/28/21 EDT. Find the latest Tilray, Inc. - Class 2 (TLRY) stock quote, history, news and other vital information to help you with your stock trading and investing. Special: Boom! That significantly wider net loss weighed heavily on Tilray's stock, however. It was trading down by more than 10% in after-market trading Monday night. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. Will Tilray stock bounce back over the longer term? Tilray. Reddit stocks jumped in extended trading on Thursday after Robinhood said it would resume trading. Read This.New to r/weedstocks? The stock has declined 53.5% so far this year, as … Tilray, Inc. ("Tilray") announced that as of today, May 5, 2021, its shares of class 2 common stock (the "Tilray Shares") have commenced trading … After-Hours Trades. The stock sold off by over 10% in after-hours trade on Monday and many investors are wondering what’s next for the company after this earnings report. What do analysts predict for the share price in 2021? SHARE. Tilray reported earnings that outperformed estimates, posting $56.6M in revenue and lost $.02 per share vs. revenue estimates of $55.55M and a $.14 loss per share. Shares of cannabis grower Tilray Inc (NASDAQ: TLRY) dropped immediately in after-hours trading Monday after reporting disappointing quarterly earnings following the closing bell that included a significant loss for the three-month period that ended Dec. 31.. Welcome to r/weedstocks After Hours DiscussionNew to Reddit? The sharp swings also led Nasdaq, where Tilray is listed, to briefly halt trading in is shares. SHARE. Tilray Inc. saw very little revenue growth from cannabis sales in a Monday earnings report, but narrowed its losses and promised adjusted profitability in the fourth quarter, sending shares higher in late trading after a staggering run-up in pot stocks on the heels of the U.S. election. #TradeTalks: The historical accuracy of the adage Sell in May and Go Away 5 hours ago Now Playing Cannabis Company Tilray's CEO Eyes Global, U.S. Shares of TLRY stock traded up $1.73 during trading hours on Friday, reaching $15.88. Tilray Inc (NASDAQ:TLRY) shares ticked upwards Tuesday in pre-market trading, despite the cannabis company reporting fourth-quarter earnings that missed estimates, citing higher operating costs and expenses.. Shares of Tilray, which closed 0.4% lower at US$72.24 on Monday in New York jumped in pre-market, up over 3% at US$74.54. Tilray stock gained $1.41, or 18%, to $9.28 in after-hours trading. Tilray reported earnings that outperformed estimates, posting $56.6M in revenue and lost $.02 per share vs. revenue estimates of $55.55M and a $.14 loss per share. That is a sure sign of a blow off top. Tilray shares soar 10% premarket after Jefferies upgrades to buy, says Aphria merger 'the perfect match' MarketWatch. In its first day of trading, the company's stock gained more than 30 per cent, closing at $22.39. After I saw its high short interest, I knew I … Thursday, May 06, 2021. Duration: 01:54 2/17/2021. The Canadian cannabis distributor still closed up 38%, its … Improving gross margin. Investors may trade in the Pre-Market (4:00-9:30 a.m. The frenzied, news-driven volatility seen in Tilray's stock is likely far from over. ET) and the After Hours Market (4:00-8:00 p.m. Tilray is trading at unsustainable price-to-sales multiples of over 40 times. 01:59 PM ET After a 6% pop in Tilray's stock last Wednesday, share prices have fallen for the past three trading days. TLRY. ET). Subscribe … Tilray (TLRY), for instance, started the year under $10, spiked to $60, and has now lost most of its value to trade at $15. In an attempt to The marijuana stock popped in after-hours trading on Wednesday. Pot grower Tilray reported a slimmer net loss than analysts expected. Cannabis stocks were mostly higher Tuesday on an up day for Wall Street. The … Aphria has a massive 2,400,000 square foot state-of-the-art facility capable of reaching 255,000 kg of production annually. Post-consolidation, the new Tilray will have enough demand to fully advantage this facility. What do analysts predict for the share price in 2021? Tilray Plunges 10% As Canadian Cannabis Market Remains Under Pressure. Tilray Has Little Upside Left in 2021 After 33% Surge, Analyst Says Jun. Tilray Inc. TLRY. Tilray’s squeeze peaked on Feb. 10, 10 trading days after … It didn't really say much more than this will end badly but that was enough. The company is not debt-free, so it may need to sell shares to lower its debt levels. TLRY Earnings & Outlook The stock closed the day up more than 30% and is currently up nearly 3% in after-hours trade. Tilray says shares will start trading on Toronto Stock Exchange from May 5 after Aphria merger approved Published: May 3, 2021 at 6:13 a.m. 11, 2021 at 11:44 a.m. The new Tilray will use Aphria’s state-of-the-art facilities in order to have product cultivation costs below $1 per gram. Image source: Getty Images. Shares of cannabis grower Tilray Inc (NASDAQ: TLRY) dropped immediately in after-hours trading Monday after reporting disappointing quarterly earnings following the closing bell that included a significant loss for the three-month period that ended Dec. 31.. Canadian cannabis company Tilray Inc. said Tuesday its board has agreed to release 11 million shares of class 2 common stock held by the former equity holders of Privateer Holdings Inc. TLRY Latest After Hours Trades. But the cannabis … The news comes after Tilray said its shareholder meeting on the deal has been adjourned to April 30 from April 16. TSLA. Tilray and Aphria will combine to create the largest cannabis company in the world measured by revenue. Read This.Want to start trading? Shares of Tilray dropped by 3.8% overall including after-hours trading, while Cronos fell by 2.7%. The stock rose 5.1% in after-hours trading following a rise of 4.9% during market hours. Read This.Use the search bar before asking any question.
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