Tilray stock has been underperforming the broader cannabis sector in 2019. Tilray Inc (NASDAQ:TLRY) has corrected almost 45% from its January peak price of $100. In fact, the stock is down 80% from its 52-week high of $300.
Sometimes high flying stocks can be derailed by lockup expiration because they present the first opportunity for locking in gains by insiders. Marijuana stocks at the beginning of this year were facing a lockup of a majority of their stock.
Here are some important updates about Tilray stock.
Privateer Announces LockupVoluntarily extending the ...
Read The Full Article On PotStockNews.com
Get the latest marijuana stock news, cannabis on stock news on PotStockNews
All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer.