|Bid||14.17 x 3200|
|Ask||0.00 x 1200|
|Day's range||13.92 - 14.58|
|52-week range||4.41 - 67.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
On July 28, Tilray (NASDAQ: TLRY) stock surged by 26% in a single trading day after the company published strong quarterly results -- the first earnings report its $4 billion merger with fellow Canadian pot grower Aphria. Revenue shot up, the company finally turned a profit, and its international expansion has begun to pay off. Tilray desperately needed that good news, as its shares are down almost 50% year to date.
You won't find many of the best cannabis stocks listed on Robinhood's 100 most popular stocks list. Neither will you find many of these stocks becoming memes that are championed by online communities.
The cannabis business can be very boom-and-bust. It's important to realize what part of the cycle we're in now.