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April 9, 2024 · earnings

TLRY earnings: a negative outcome, -20.7%

On April 9, 2024, Tilray Brands, Inc. reached its earnings. The result was a negative outcome, and the stock moved -20.7% in the window around the event. It had already run +52.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$25.90
1d before
$20.55
Event day
$20.20
1d after
$18.20
5d after

Pre-catalyst setup

+52.6%
30-day run-up
11352%
30-day volatility
1.0×
volume spike