This Week Could Be Huge for the Future of Tilray Stock

Tilray Stock Financial Report
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Tilray Stock Financial Report

Few marijuana stocks have been as disappointing as Tilray Inc (NASDAQ:TLRY).

I’ve written extensively about the malaise that has plagued the company and has sent its share prices careening downward, but it’s worth reiterating: TLRY stock has been an absolute bomb in 2019.

In fact, Tilray stock hasn’t fared well since the immediate aftermath of its initial public offering last summer.

Just take a look at the chart below, comparing Tilray and Cronos Group Inc (NASDAQ:CRON), the only other Nasdaq pure-play marijuana stock.

Chart courtesy of StockCharts.com

It doesn’t take a trained eye to see that Tilray has been getting pummeled; the stock has fallen by more than 30% in 2019.

And, as you can see from the year-long chart below, Tilray stock has been spiraling

... read more at: https://www.profitconfidential.com/stock/tilray-stock/week-could-be-huge-tilray-stock/

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