Why Tilray Stock Was Diving This Week
It isn't easy for marijuana companies to impress the stock market, and even an atypical quarterly bottom-line adjusted profit couldn't lift Tilray Brands' (NASDAQ: TLRY) shares in recent trading sessions. According to data compiled by S&P Global Market Intelligence, the cannabis sector mainstay's shares were down by almost 16% week to date as of early Friday morning.
In its fiscal fourth quarter of 2025, ended May 31, Tilray's net revenue came in at $224.5 million, which was down from the almost $230 million it earned in the same frame of 2024. The company's two main product lines, cannabis and beverages, both suffered declines. The former's net revenue fell to under $68 million from nearly $72 million, while the latter sank to $65.6 million from $76.7 million.
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Source Fool.com
