Market Activity
Tilray, Inc. (TLRY) Stock on a Bullish Ride in Current Market, Here’s Why
Tilray, Inc. (TLRY), a global cannabis-lifestyle goods company, has surged 13.44% in the current market. Consequently, TLRY is trading at $7.98 at the time of the writing. TLRY Announced Q3 2022 Results The precipitous rise in the price of TLRY stock could be attributed to the announcement of strong financial results. Hours ago, the company released the results for the third quarter of 2022. The net revenue saw a jump of 23% to $152 million during the quarter, while the gross profit was calculated to be $39.8 million after increasing by 31%. The adjusted EBITDA was estimated to be $10.1 million,
