Shares of Tilray Brands Inc. Cl 2 TLRY, -1.60% slipped 5.74% to $3.12 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -0.68% falling 1.33% to 11,028.74 and Dow Jones Industrial Average DJIA, -0.35% falling 0.82% to 30,775.43. This was the stock’s third consecutive day of losses. Tilray Brands Inc. Cl 2 closed $15.33 below its 52-week high ($18.45), which the company reached on July 1st.
The stock underperformed when compared to some of its competitors Thursday, as Cronos Group Inc. CRON, 1.06% fell 2.08% to $2.82 and Aurora Cannabis Inc. ACB, -0.24% fell 3.65% to $1.32. Trading volume (23.9 M) eclipsed its 50-day average volume of 23.1 M.
