Tilray Continued to Fall Nearly 7% in Morning Trading and Slipped Over 10% in 2 Days

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Tilray Continued to Fall Nearly 7% in Morning Trading and Slipped Over 10% in 2 Days

Tiger Newspress2023-08-10

Tilray Inc. continued to fall nearly 7% in morning trading and slipped over 10% in 2 days.

On Tuesday, the company said it would buy eight beer and beverage brands from Anheuser-Busch InBev in a cash transaction. The company didn't disclose the terms of the deal, which includes brands such as Shock Top and Breckenridge Brewery. Stocks surged over 36% on Tuesday.

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