Why Tilray Stock Rose 35% in February

Why Tilray Stock Rose 35% in February
Demitri Kalogeropoulos, The Motley Fool
·1 min read

Tilray (NASDAQ: TLRY) stock outperformed a rising market last month. Shares soared 35% in February compared to a 2.6% gain in the S&P 500, according to data provided by S&P Global Market Intelligence. Tilray announced positive earnings results last month, with fourth-quarter sales increasing 26% as net loss improved to $3 million from $220 million a year earlier.