Why Cannabis Giant Tilray (TLRY) Skyrocketed Today

Shares of Tilray TLRY closed sharply higher in Wednesday’s trading session, gaining 25.8% after reporting mixed fourth-quarter earnings results. Today’s results are the first since Tilray merged with Aphria in May. GAAP earnings hit $0.18 per share, but revenue of $142.2 million fell slightly short of Street expectations. Free cash flow grew to $3.3 million compared to cash burn of $28.3 million in the year-ago quarter. … Read Full Article Here

Why Cannabis Giant Tilray (TLRY) Skyrocketed Today Topshelf News.

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