Tilray Brands (TLRY) Stock

In the closing of the recent trading day, Tilray Brands, Inc. (TLRY) stood at $1.37, denoting a +0.74% change from the preceding trading day.

Tilray Brands (TLRY -4.22%) shares still aren't delivering on what investors may have hoped for, falling by 25% during the past 12 months. But, with a few catalysts in play, and with more operational improvements, anything is possible, and hope springs eternal.

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After TLRY hits a 52-week low, we assess whether the current level warrants an opportunity to accumulate shares, hold positions or book profits.

NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Blue Point Brewing Company , Long Island's original craft brewery and a subsidiary of Tilray Brands (NASDAQ: TLRY and TSX: TLRY), proudly announces Blitz Beer, a refreshing new American Lager added to Blue Point's winter seasonal lineup. Available November through February, Blitz Beer offers a crisp, sessionable profile perfect for colder months and festive gatherings.

Join 10 Barrel Brewing for a Free Community Event Celebrating the Snowboard Season with Live Music, Giveaways, and the Premiere of the "Beer Lodge" film at 10 Barrel's Winter Party Join 10 Barrel Brewing for a Free Community Event Celebrating the Snowboard Season with Live Music, Giveaways, and the Premiere of the "Beer Lodge" film at 10 Barrel's Winter Party

Tilray Brands stock resumed the downward trend and crashed to its all-time low after suffering a major setback in the United States. TLRY shares plunged to a low of $1.36 on Monday, bringing the year-to-date losses to 36%.

In a fireside chat with senior analyst Pablo Zuanic on October 23, 2024, Tilray Brands TLRY CEO Irwin Simon shared insights into the company's growth strategies, highlighting profitability, U.S. market entry and the expansion of their cannabis and beverage businesses. Simon also addressed the recent quarterly performance and challenges the company faces in both domestic and international markets.

Tilray Brands (TLRY) stock price has gone nowhere in the past few months. It has found a strong support level at $1.61, where it has failed to move below since November last year.