Shares of Tilray Inc. Cl 2 TLRY,
plunged 14.00% to $ 27.10 on Thursday, on what turned out to be an all-round dismal trading session for the stock market, with the NASDAQ Composite Index COMP,
down 0.72% to 13,865.36 and Dow Jones Industrial Average DJIA,
decreased by 0.38% to 31,493.34. This was the second consecutive day of losses for the stock. Tilray Inc. Cl 2 closed at $ 39.90 below its 52-week high ($ 67.00), which the company reached on Feb. 10.
The stock underperformed on Thursday compared to some of its competitors such as Bunge Ltd. BG,
fell 4.18% to $ 74.74. The trading volume (54.5 million) overshadowed the 50-day average volume of 42.0 million.
Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.