Tilray Inc. Cl 2 stock rises Wednesday, outperforms market

Shares of Tilray Inc. Cl 2 TLRY, +18.55% surged 18.55% to $9.33 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.50% rising 0.50% to 12,658.19 and the Dow Jones Industrial Average DJIA, -0.15% falling 0.15% to 30,154.54. This was the stock’s second consecutive day of gains. Tilray Inc. Cl 2 closed $13.62 below its 52-week high ($22.95), which the company reached on January 21st.

The stock outperformed some of its competitors Wednesday, as Bunge Ltd. BG, -0.81% fell 0.81% to $64.63. Trading volume (94.6 M) eclipsed its 50-day average volume of 20.3 M.