Tilray Brands shares are trading lower after the company announced an at-the-market program to fund acquisitions.
Portfolio Pulse from Benzinga Newsdesk
Tilray Brands shares are trading lower after the company announced an at-the-market program to fund acquisitions.
May 17, 2024 | 7:28 pm
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NEGATIVE IMPACT
Tilray Brands shares are trading lower following the announcement of an at-the-market program aimed at funding acquisitions.
The announcement of an at-the-market program typically signals potential dilution of existing shares, which can lead to a decrease in stock price. Investors may be concerned about the impact of this program on their holdings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100