Tilray Stock Gains Into Earnings: Will the Momentum Last?
Tilray Brands’ stock (NASDAQ: TLRY) is currently trading around $1.71 in pre-maket hours, up 8.23% yesterday, and riding the wave of a significant 52% surge over the past month.
This activity underscores the intense market interest surrounding Tilray, particularly in light of its upcoming Q3 earnings release scheduled for tomorrow morning.
This impressive climb has been fueled by a confluence of factors: strong financial performance in specific segments, strategic diversification into the beverage alcohol sector, and renewed optimism surrounding potential cannabis legalization in the United States. However, with earnings on the horizon, the markets are keenly assessing whether this positive trend can be sustained.
Tilray’s recent…
