Tilray Inc. ($TLRY) Stock Forecast: Up 5.7% Today

What is Tilray Inc.?

Tilray Brands, Inc. (TLRY) is a leading cannabis company that operates globally, focusing on medical and adult-use cannabis products. The stock TLRY had a strong bullish movement today.

Why is Tilray Inc. going up?

TLRY stock is up 5.7% on Dec 20, 2024 17:41

• TLRY stock showed strength in its upward movement despite a decline in the overall market.
• Anticipation surrounding Tilray's forthcoming Q2 2025 financial results could be influencing positive investor sentiment.
• The recent celebration of SweetWater Brewing's 28th anniversary with a popular band may have indirectly impacted TLRY's market perception, contributing to its bullish movement.
• Investor optimism regarding Tilray's potential growth in the cannabis sector is propelling the stock's upward trend.

TLRY Price Chart

TLRY Technical Analysis

TLRY News

Tilray Brands, Inc. ( TLRY ) Flat As Market Sinks: What You Should Know

In the latest trading session, Tilray Brands, Inc. (TLRY) closed at $1.16, marking no change from the previous day.

https://www.zacks.com/stock/news/2386020/tilray-brands-inc-tlry-flat-as-market-sinks-what-you-should-know

SweetWater Brewing Announces 28th Anniversary Bash With STS9 Headlining an Immersive Jamtronica Experience

SweetWater celebrates its 28th year Anniversary Party with legendary electronic jam band STS9 at its Atlanta Brewery on Saturday, February 22, 2025.

https://www.globenewswire.com/news-release/2024/12/19/2999749/0/en/SweetWater-Brewing-Announces-28th-Anniversary-Bash-With-STS9-Headlining-an-Immersive-Jamtronica-Experience.html

Tilray Brands, Inc. to Announce Second Quarter Fiscal Year 2025 Financial Results on January 9, 2025

Tilray Brands, Inc. Announces Q2 2025 Fiscal Year Financial Results.

https://www.globenewswire.com/news-release/2024/12/19/2999722/0/en/Tilray-Brands-Inc-to-Announce-Second-Quarter-Fiscal-Year-2025-Financial-Results-on-January-9-2025.html

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Tilray Inc. Price History

30.08.2024 - TLRY Stock was up 5.9%

• The announcement of Tilray Brands launching a new line of hemp-derived Delta-9 THC beverages in key U.S. markets could have sparked investor interest and optimism in the company's growth potential.
• The introduction of Shock Top's new product, LiiT Hard Iced Tea, under Tilray's U.S. Portland brand, might have contributed to positive sentiment around the company's diversification and expansion strategies.
• Despite the overall market sinking, Tilray's stock remaining flat in one assessment and yet exceeding market returns in another could indicate resilience and attractiveness to investors amidst broader market fluctuations.
• The combination of product innovation, market expansion, and positive financial performance could have fueled bullish momentum for Tilray's stock today.

22.09.2024 - TLRY Stock was up 5.6%

• TLRY's bullish movement could be attributed to the announcement of its fall craft beer lineup, which could have generated excitement and positive sentiment among investors.
• The introduction of new fall-themed products across its craft beer and beverage brands might have sparked investor interest in TLRY's potential for increased revenue and market expansion.
• This strategic move by Tilray to diversify its product offerings and tap into seasonal trends could have contributed to the positive market response, driving the stock price higher.

21.10.2024 - TLRY Stock was up 5.4%

• Today's increase in TLRY's value could be a result of:
• Favorable developments within the cannabis industry, such as talks of potential legalization or regulatory changes.
• Speculation regarding possible partnerships, mergers, or acquisitions involving Tilray.
• Upgrades by analysts or optimistic forecasts for the company's earnings.
• The recent low point in the past year might have enticed investors seeking to purchase shares at a reduced cost, prompting a surge in demand and the subsequent price rise.
• Investors may be reevaluating TLRY's future prospects and seeing the stock as undervalued despite recent setbacks, fueling the positive momentum observed in today's trading activities.

10.09.2024 - TLRY Stock was down 7.2%

• Investor profit-taking following a recent uptrend in TLRY's stock price may have contributed to the bearish movement.
• The overall market decline today could have also impacted TLRY negatively, with investors exercising caution due to prevailing negative sentiment.
• Despite the positive collaboration news with Charlotte's Web Holdings, broader market trends may have eclipsed company-specific developments in influencing the stock's movement.

25.08.2024 - TLRY Stock was down 5.1%

• The introduction of a new line of hemp-derived Delta-9 THC beverages in key U.S. markets by Tilray Brands likely initially sparked investor interest and positive sentiment.
• Despite the positive product launch, the stock exhibited a more significant decline compared to the broader market, indicating potential profit-taking or market correction.
• Investor response to market conditions or company-specific factors may have influenced the bearish movement in Tilray's stock price.
• The minor uptick in the stock price at the close of the trading day could be due to short-term fluctuations or late buying activity; however, the overall trend remained bearish.

13.11.2024 - TLRY Stock was down 6.1%

• TLRY stock closed at $1.26 with a -1.56% shift.
• The overall market was gaining, indicating that TLRY's decline was specific to the company rather than a broader market trend.
• The dip in TLRY stock could be attributed to internal company factors such as poor earnings, regulatory challenges, or strategic setbacks.
• Investors might be reacting to negative news or concerns about TLRY's future growth prospects, leading to the bearish movement despite the positive market conditions.

11.10.2024 - TLRY Stock was down 5.2%

• The downturn in Tilray's stock price could be linked to the general decline in the cannabis sector following recent political developments.
• Research revealing the benefits of cannabis extract in alleviating chemotherapy-induced vomiting, while positive for the industry, may not have fully counteracted the negative market sentiment.
• Investors in the cannabis industry, including Tilray, possibly responded to uncertainties and potential regulatory shifts under a new administration, resulting in substantial declines across the sector.

01.09.2024 - TLRY Stock was down 5.2%

• Tilray's stock price might have dropped due to profit-taking after a recent surge in the cannabis sector.
• The upcoming earnings report could be causing uncertainty among investors, leading to a sell-off.
• Despite Vice President Kamala Harris's stance on marijuana legalization, external market factors may have overshadowed the positive sentiment towards Tilray.
• The flat closing price in the previous trading day could have signaled a lack of significant positive catalysts to sustain the stock's momentum, resulting in today's bearish movement.

01.09.2024 - TLRY Stock was down 5.3%

• The announcement of Tilray's upcoming first quarter fiscal year 2025 financial results may have raised concerns or uncertainty among investors, leading to a bearish sentiment.
• Despite the positive news about Vice President Kamala Harris's stance on marijuana legalization boosting TLRY and other cannabis sector stocks, the overall market conditions might have overshadowed this temporary positive momentum.
• The lack of significant movement in TLRY's stock price compared to the previous trading day amidst a sinking market could indicate investor caution or profit-taking behavior.
• The introduction of Shock Top's new product, while exciting, might not have directly impacted TLRY's stock movement today.

19.11.2024 - TLRY Stock was down 5.1%

• The bearish movement in TLRY could be attributed to profit-taking by investors after a recent bullish run or concerns about the upcoming financial results.
• The market might be reacting negatively to the lack of specific details about Tilray's financial performance, leading to uncertainty among investors.
• Investors may be cautious about the cannabis industry's future outlook, especially with regulatory challenges and competition impacting TLRY's stock price.
• The upbeat news about SweetWater Brewing's anniversary bash may have diverted attention away from TLRY, causing a dip in its stock price as investors shifted focus to other opportunities.

09.11.2024 - TLRY Stock was down 0.4%

• TLRY stock saw a decline of -1.54% in a market that was on an upward trend, indicating some weaknesses in the company's performance.
• This drop could be linked to investors taking profits following a recent increase in the stock price.
• Factors such as regulatory hurdles and competitive pressures within the cannabis industry might have also played a role in the stock's downward movement.
• Investors could be exercising caution regarding TLRY's future growth potential, hence the sell-off seen in the stock.

20.11.2024 - TLRY Stock was up 5.7%

• TLRY stock showed strength in its upward movement despite a decline in the overall market.
• Anticipation surrounding Tilray's forthcoming Q2 2025 financial results could be influencing positive investor sentiment.
• The recent celebration of SweetWater Brewing's 28th anniversary with a popular band may have indirectly impacted TLRY's market perception, contributing to its bullish movement.
• Investor optimism regarding Tilray's potential growth in the cannabis sector is propelling the stock's upward trend.