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January 9, 2023 · earnings

TLRY earnings: a negative outcome, -6.4%

On January 9, 2023, Tilray Brands, Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.4% in the window around the event. It had already run -15.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$29.50
1d before
$27.60
Event day
$27.90
1d after
$31.70
5d after

Pre-catalyst setup

-15.2%
30-day run-up
6279%
30-day volatility
0.7×
volume spike