Buy Tilray News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tilray Inc. (NASDAQ:TLRY) and Sundial Growers Inc. (NASDAQ:SNDL) recorded double-digit gains in Wednesday’s regular trading session amid high retail-investor interest in the two Canada-based cannabis companies. What Happened: Shares of Tilray gained 11.9% and Sundial Growers’ shares rose 13% in Wednesday’s trading after e-commerce giant Amazon.com Inc. (NASDAQ:AMZN) said it supports the federal legalization of marijuana and will drop marijuana-testing requirements for some of its workers. Optimism that cannabis reforms will make it easier for companies to do business also boosted thes...

Institutions have increased their short position on Tilray Inc (NASDAQ:

When Tilray Inc's (NASDAQ:TLRY) formally merged with Aphria on May 3, it was a "sell the news" event. Tilray is trading down 14% from when the new Tilray was created and its stock has been stuck near a support and resistance level at $15.17 for the last 10 trading days. The Tilray Chart: On Thursday, Tilray popped back over the $15 area and was trading slightly above the eight-day exponential moving average (EMA). Tilray’s stock has the support of the 200-day simple moving average, which is trending slightly upwards indicating the overall sentiment in the stock is bullish. Tilray is trad...