
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.