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January 9, 2024 · earnings

TLRY earnings: a negative outcome, -9.8%

On January 9, 2024, Tilray Brands, Inc. reached its earnings. The result was a negative outcome, and the stock moved -9.8% in the window around the event. It had already run +18.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$23.40
1d before
$21.10
Event day
$20.00
1d after
$18.70
5d after

Pre-catalyst setup

+18.8%
30-day run-up
6459%
30-day volatility
1.1×
volume spike