Tilray Stock Explodes 60% Higher on Political Catalyst & Squeeze
Tilray Brands Today
$1.70 -0.04 (-2.02%)
As of 11:58 AM Eastern
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- 52-Week Range
- $0.35
▼
$1.86
- Price Target
- $1.94
The stock market was jolted into action on Sept. 29 as shares of Tilray Brands NASDAQ: TLRY staged a monumental rally, closing the session with a gain of over 60% at $1.85 per share. The move was backed by a surge in trading volume, with more than 371 million shares changing hands, a figure over eight times its daily average of 44.65 million.
Such a dramatic spike, triggered by external political news, immediately raises a critical question for investors: Was this a fleeting, sentiment-driven event, or did the attention…