Tilray stock booms after pot company promises profit despite stagnant sales growth
November 09, 2020 at 16:32 PM EST
Tilray Inc. saw very little revenue growth from cannabis sales in a Monday earnings report, but narrowed its losses and promised adjusted profitability in the fourth quarter, sending shares higher in late trading after a staggering run-up in pot stocks on the heels of the U.S. election.