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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (55267)	10/7/2022 8:00:15 AM
From: ggamer	Respond to of 56535

TLRY - that was actually a surprise but welcome move. Yes, let’s see how it does, I will most likely sell today. Tilray (TLRY) – The cannabis producer jumped 5.4% in premarket trading even as it reported a larger than expected loss as well as slightly lower than expected revenue for its latest quarter. Tilray did reaffirm its full-year forecast and said it had achieved nearly all of its cost-saving goal. Tilray, Aurora Cannabis (ACB), Canopy Growth Corp (CGC) and Cronos Group (CRON) were among cannabis stocks that rallied Thursday after President Joe Biden announced pardons for those convicted of federal marijuana possession charges. Tilray Brands Inc. said Friday its first-quarter loss narrowed to $65.8 million, or 13 cents a share, from a loss of $34.6 million, or 9 cents a share, in the year-ago quarter. Revenue at the cannabis company fell 9% to $153.2 million. Analysts expected Tilray to lose 7 cents a share on revenue of $155.9 million, according to FactSet data. Shares of Tilray rose 3% in premarket trades Friday, adding to gains from the previous session on comments from President Joe Biden to pardon people for canna Cheers!