Smoked Out Cannabis Stock Tilray Could Get High on YOLO

2019-4-25 21:04

By CCN: The bigger they are, the harder they fall. This has certainly been the case for cannabis stock Tilray, which was all the rage in 2018 but has had the wind knocked out of it lately. Tilray’s stock has shed approximately one-fifth of its value in April alone.

The longer-term performance is worse, with the stock suffering declines of 28% year-to-date. A new cannabis ETF with the trading symbol YOLO – You Only Live Once – could change the Tilray stock’s plight sooner than later. When it’s hot, it’s hot and when it’s not, it’s not. The Tilray stock

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