Why Tilray Stock Fell 31% in December

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Tilray (NASDAQ: TLRY) shareholders lost ground to the market in December, with the stock slumping 31% compared to a 4% spike in the S&P 500, according to data provided by S&P Global Market Intelligence.The drop came as investors moved away from the marijuana space after pouring into the sector through much of 2021. Tilray shares had been up more than 200% in early 2021 but finished the year in negative territory compared to a 27% surge in the wider stock market.Image source: Getty Images.Continue reading
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