Advertisement
New Zealand markets closed
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NZD/USD

    0.5983
    +0.0008 (+0.13%)
     
  • NZD/EUR

    0.5536
    +0.0003 (+0.05%)
     
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • OIL

    83.11
    -0.06 (-0.07%)
     
  • GOLD

    2,254.80
    +16.40 (+0.73%)
     
  • NASDAQ

    18,254.69
    -26.15 (-0.14%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • Dow Jones

    39,807.37
    +47.29 (+0.12%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     
  • NZD/JPY

    90.4110
    +0.0180 (+0.02%)
     

Tilray Brands, Inc. stock sinks on Q3 earnings loss

Yahoo Finance Live’s Brad Smith breaks down the decline in stock for Tilray Brands, Inc.

Video transcript

BRAD SMITH: We're also watching shares of, yeah, that company on your screen, TLRY. Do they have an alibi? We'll find out. But they're sinking right now after the cannabis company announced it will acquire HEXO in a $56-million all-stock deal despite reporting a $1.2 billion loss in the third quarter. We're going to speak with Cowen's Vivien Azer for a full pulse check on the industry later on in the show.