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Benzinga
Benzinga
Business
Henry Khederian

Tilray (TLRY) Stock Surges On Heavy Volume: What Investors Should Know

Tilray Brands

Shares of Tilray Brands Inc (NASDAQ:TLRY) are trading sharply higher Tuesday afternoon, continuing a recent trend of investor interest across social media despite a lack of company-specific news for the session. Here’s what investors need to know.

What To Know: Last week, interest in Tilray began to build following several strategic moves in June, including shareholder approval for a potential reverse stock split and a significant expansion of its medical cannabis distribution in Italy. These developments appear to have put the company back on the radar of active traders.

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