Stock Track | Tilray Inc. Plummets 5.66% Intraday After Roth Capital Slashes Price Target

Stock Track01-20

Tilray Inc. (TLRY) saw its stock plummet by 5.66% during intraday trading on Tuesday, reflecting investor reaction to recent analyst actions.

The decline followed Roth Capital's decision to lower its price target on Tilray to $10 from $20, while maintaining a Neutral rating on the shares. The adjustment came after the company's Q2 results, signaling reduced confidence in the stock's near-term performance.

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