Shares of Tilray Brands Inc (NASDAQ:TLRY) are trading higher Monday morning, building on a recent rally fueled by heavy trading volume and company announcements. The cannabis giant’s stock has been a focal point for investors in recent sessions, driven by a combination of high short interest and positive industry news.
What To Know: Over the trailing week, Tilray stock has surged approximately 23%. This investor enthusiasm was partly attributed to the company’s recent shareholder approval for a potential reverse stock split and the announcement of an expansion of its medical cannabis operations in Italy.
