Tilray Inc. Cl 2 stock rises Tuesday, outperforms market

Shares of Tilray Inc. Cl 2 TLRY, +0.97% inched 0.97% higher to $8.29 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +0.50% rising 0.50% to 12,582.77 and the Dow Jones Industrial Average DJIA, +0.35% rising 0.35% to 30,173.88. The stock’s rise snapped a two-day losing streak. Tilray Inc. Cl 2 closed $14.66 below its 52-week high ($22.95), which the company reached on January 21st.

The stock outperformed some of its competitors Tuesday, as Bunge Ltd. BG, +0.94% rose 0.94% to $61.35. Trading volume (12.3 M) remained 7.2 million below its 50-day average volume of 19.6 M.