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Stock impact report

This Surge in Tilray Stock May Not Be a One-off Event [Yahoo! Finance News]

Tilray Brands, Inc. (TLRY) 
Last tilray brands, inc. earnings: 3/2 04:05 pm Check Earnings Report
As every investor knows by now, the cannabis market was one of the biggest disappointments in recent memory. But among the major players, medical marijuana specialist Tilray (NASDAQ:TLRY) printed some of the ugliest technicals. Indeed, the 2019 price chart of Tilray stock resembles a near-linear decline to the doldrums. That said, can its recent and dramatic resurgence lead to a sustained recovery in 2020?Source: Jarretera / Shutterstock.com Admittedly, relatively few investors want to hear about cannabis right now. Although its 21% move from January's opening price is noteworthy and impressive, it doesn't detract from last year's painful implosion.In 2019, Tilray hemorrhaged almost 76% in the markets. Mathematically, we'll need to see more than a 300% move for stakeholders to break even with last January's opener.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThus, I can understand why observers are cynical and skeptical about the recent rally. Nevertheless, Tilray sto Show less Read more
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