Why Tilray's Revenue Soared and Its Loss Widened in Q1
Tilray's (NASDAQ:TLRY) 55% year-to-date loss is, without question, really bad. But it could have been much worse. Actually, it was much worse. At one point in March, Tilray had plunged nearly 90%.
The Canadian cannabis company announced its first-quarter results after the market closed on Monday. Don't expect those results to spark a major rebound. Here are the highlights from Tilray's Q1 update.
Source Fool.com