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Why Tilray Stock Surged Today

TheMotleyFool

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Shares of Tilray (NASDAQ: TLRY) jumped 13.6% on Monday after the cannabis company reported a significant improvement in its operational and financial results.

Tilray's net revenue climbed 20% year over year to $155 million in its fiscal 2022 second quarter, which ended on Nov. 30. The gains were driven in part by the company's expansion into alcohol and hemp-based wellness products.

Source Fool.com

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