Tilray Stock Momentum Lost as “Hottest Stock” Loses Nearly 12%
This week Tilray stock debuted on the NASDAQ and was quickly seen as “the hottest marijuana stock” on the market. It took less than two days of positive trading for TLRY stock to become the cannabis stock to buy.
On the third day of trading TLRY reached a 31.53% increase in value. Over the three day trading period the value of TLRY increased from the debut price of $22 to $28.93 per share.
After losing close to 12% on July 27th the stock now trades at $24.30 per share.
Tilray Stock Momentum Lost as “Hottest Stock” Loses Nearly 12%
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