Why Tilray Stock Jumped Today
TLRYTilray(TLRY) The Motley Fool·2024-07-31 04:31

The cannabis company delivered better-than-expected results on the top and bottom lines.Shares of the cannabis company Tilray Brands (TLRY 9.84%) climbed higher Tuesday after it reported fourth-quarter results that beat analysts' consensus estimates on the top and bottom lines.The company's shares jumped by as much as 17.5% early today and were up by 10.1% as of 3:53 p.m.Rising earnings and revenueTilray generated $229.9 million in sales in the fourth quarter, up 25% from the year-ago quarter and ahead of W ...