Tilray Inc. ($TLRY) Stock Forecast: Down 5.5% Today

What is Tilray Inc.?

Tilray Brands Inc. (NASDAQ: TLRY) is a leading global lifestyle and consumer packaged goods company. Today, the stock TLRY experienced a strong bearish movement in the market.

Why is Tilray Inc. going down?

TLRY stock is down 5.5% on Jan 6, 2025 19:01

• Tilray Brands rescheduled its earnings to January 10, 2025, due to the National Day of Mourning.
• The sudden adjustment in the earnings date may have sparked uncertainty and worry among investors, resulting in a decrease in TLRY shares.
• Investors could view this alteration as a possible sign of negative financial outcomes, leading them to sell their shares in the company.
• The market's response to this development indicates that investors are closely watching Tilray's financial performance and are responsive to any modifications in the company's earnings announcements.

TLRY Price Chart

TLRY Technical Analysis

TLRY News

Tilray Brands Moves Earnings Date to January 10, 2025, in Observance of the National Day of Mourning - Tilray Brands ( NASDAQ:TLRY )

NEW YORK and LEAMINGTON, Ontario, Jan. 02, 2025 ( GLOBE NEWSWIRE ) -- Tilray Brands, Inc. ( "Tilray" or the "Company" ) TLRYTLRY, a leading global lifestyle and consumer packaged goods company, today announced that the Company will now release its financial results for the second quarter ended ...

https://www.benzinga.com/pressreleases/25/01/g42778512/tilray-brands-moves-earnings-date-to-january-10-2025-in-observance-of-the-national-day-of-mourning

Tilray Brands Moves Earnings Date to January 10, 2025, in Observance of the National Day of Mourning

Tilray Brands announces earnings date change to January 10th.

https://www.globenewswire.com/news-release/2025/01/02/3003787/0/en/Tilray-Brands-Moves-Earnings-Date-to-January-10-2025-in-Observance-of-the-National-Day-of-Mourning.html

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Tilray Inc. Price History

06.00.2025 - TLRY Stock was down 5.5%

• Tilray Brands rescheduled its earnings to January 10, 2025, due to the National Day of Mourning.
• The sudden adjustment in the earnings date may have sparked uncertainty and worry among investors, resulting in a decrease in TLRY shares.
• Investors could view this alteration as a possible sign of negative financial outcomes, leading them to sell their shares in the company.
• The market's response to this development indicates that investors are closely watching Tilray's financial performance and are responsive to any modifications in the company's earnings announcements.

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.

31.11.2024 - TLRY Stock was down 5.3%

• Today's downward movement in TLRY stock could be attributed to investors taking profits following a recent uptrend.
• The introduction of new cannabis beverages by competitors such as Solei, Mollo, and XMG may have raised concerns about heightened competition in the cannabis beverage market, impacting TLRY's stock price negatively.
• Investor hesitation regarding potential market saturation in the cannabis beverage sector might have led to a sell-off in TLRY shares as they reassess the company's growth potential in this particular segment.

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.

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.