(Finance) – Protagonist Tilray Brandswhich shows an excellent performance, with an increase of 23.42%.
Helping the stocks was news that the cannabis products group bought eight brands of beer and beverages from Anheuser-Busch InBev for $85 million in cash.
On a weekly basis, the stock’s trend is more solid than that of NASDAQ 100. At the moment, therefore, the appeal of investors is aimed more decisively at Tilray Brands compared to the reference index.
The medium-term analysis confirms the positive trend of Tilray Brands, while if we analyze the short-term chart, a weakening of the quotations is highlighted at the test of the resistance 2.882 USD. First support seen at 2.487. Technically, a negative evolution of the curve towards the bottom seen at 2.233 is expected in the short term.