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Short Squeeze? Tilray Stock Soars On Standout Earnings

Short Squeeze? Tilray Stock Soars On Standout Earnings

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Tilray Inc (NASDAQ:TLRY) shot up over 25% on Wednesday following the release of the cannabis giant’s record fourth-quarter 2021 results and a bullish conference call where CEO Irwin Simon projected 2024 revenues of $4 billion. The stock made most of its gains in the first half-hour of the trading session, gapping up 11% and running another 11% higher by 10 a.m.

...read full article on Benzinga

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