Why Tilray Is Trouncing the Market This Week

·1 min read
Why Tilray Is Trouncing the Market This Week

Tilray (NASDAQ: TLRY), the big marijuana operator resulting from the recent merger of the namesake company with the former Aprhia, is a stock on fire this week. The "new" Tilray reported its fourth-quarter fiscal 2021 figures on Wednesday, and they looked awfully sweet. Net revenue rose a sturdy 25% year over year to $142 million (taking into account Aphria's performance as a separate company in the year-ago period).

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