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July 26, 2023 · earnings

TLRY earnings: a positive outcome, +14.9%

On July 26, 2023, Tilray Brands, Inc. reached its earnings. The result was a positive outcome, and the stock moved +14.9% in the window around the event. It had already run +6.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$16.80
1d before
$19.30
Event day
$21.40
1d after
$25.30
5d after

Pre-catalyst setup

+6.3%
30-day run-up
7026%
30-day volatility
0.7×
volume spike