Here's Why Tilray Stock Soared 22% Today

Shares of Tilray (NASDAQ: TLRY) have been on a tear since the start of 2021. The stock has gained more than 121% in just the last two weeks, including a 22% rise on Thursday, as of 3:45 p.m. EST.

Today's jump comes after fellow Canadian pot grower and merger partner Aphria (NASDAQ: APHA) announced fiscal second-quarter 2021 earnings this morning. On Dec. 16, 2020, Aphria and Tilray announced plans to merge, creating what will be the largest global cannabis company by revenue. 

Continue reading

Source Fool.com