Plus   Neg

Tilray Inc. (TLRY) Is Losing Ground On Offering News

Tilray Inc. (TLRY) announced after the bell Wednesday that it intends to offer $400 million aggregate principal amount of Convertible Senior Notes due 2023 in a private placement. The stock is now down 9.73 on 269K shares.

Tilray gapped open higher Wednesday, but traded in a range for the majority of the session. The stock ended the day with a gain of 18.66 at $156.83.

For comments and feedback contact: editorial@rttnews.com

Business News

Follow RTT