Why Investors Were Fired Up About Tilray Stock Today

As a whole, the U.S. stock market wanted to partake of Tilray Brands (NASDAQ: TLRY) on Wednesday. The Canadian cannabis company's shares enjoyed a 5% lift on the day, although this was due to external news rather than any proprietary development. With that gain, Tilray easily beat the S&P 500 index, which rose by a relatively light 0.4% that day.The stock prices of marijuana companies like Tilray tend to move when there are positive results from medical testing related to the drug or some kind of move toward de facto legalization in this country. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool