Why Tilray Stock Just Stubbed Out
Canadian marijuana 'n' American alcohol stock Tilray (NASDAQ: TLRY) stock crashed 19.4% through 10:10 a.m. ET Friday after confirming it will proceed with its 1-for-10 reverse stock split.
On June 10, 2025, Tilray authorized Tilray to reverse-split its stock in a ratio of anywhere from 1-for-10 (merging 10 outstanding shares into one) to 1-for-20 (trading 20 old shares for one new one).
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Source Fool.com
