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Tilray's fiscal Q4 results disappointed, with revenues missing estimates and a massive $1.26B net loss driven by impairment ...
Tilray Brands posted sequential revenue growth but showed a decrease YoY. Click here to read why I rate TLRY stock as a Hold for now.
It’s unclear if the iBuyer has officially staved off a delisting from Nasdaq, but that may be a matter of time.
The reverse stock split is being implemented to ensure the Company meets the minimum bid price requirement for continued listing on The Nasdaq Capital Market, its current exchange.
Alliance Global Partners cut its price target on Tilray stock this morning. Investors bid the stock up despite the bad analyst news. It's been seven years since Tilray last earned a profit, and it ...
A 1-for-10 reverse stock split simply means Lucid will reduce its outstanding shares by a factor of 10, essentially combining 10 old shares into one new share.
Tilray stock does, fortunately, cost only a couple of pennies more than the new price target, however, and so Alliance Global gives the stock a neutral rating.
There is also potential upside for Lucid's potential reverse stock split, as many companies try to push the price of their stock higher to entice big institutional investors.
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