Tilray stock surges 7.5% due to positive earnings from Aurora Cannabis and improved trade relations with Canada.
From Nasdaq: 2025-02-05 15:33:22
Shares of Tilray Brands (NASDAQ: TLRY) surged 7.5% following positive earnings from Aurora Cannabis and a cooling of trade tensions with Canada. Aurora reported 37% sales growth and record net income of $31.2 million for Q4 2024, sending Tilray’s stock higher. The possibility of tariffs between the U.S. and Canada, which could impact the cannabis industry, has been temporarily averted. Investors are hopeful that Tilray’s numbers will also improve. However, the Motley Fool Stock Advisor did not include Tilray Brands in its list of the 10 best stocks to buy right now.
If you’re considering investing in Tilray Brands, it’s important to note that the company was not recommended by the Motley Fool Stock Advisor, which has a strong track record of identifying high-performing stocks. While Tilray’s stock saw a significant increase due to positive earnings from Aurora Cannabis, it’s essential to conduct thorough research before making any investment decisions. The Motley Fool Stock Advisor service provides guidance on building a successful portfolio and has outperformed the S&P 500 since 2002.
Read more at Nasdaq: Why Tilray Stock Is Soaring Higher Today
