Tilray Plunges Ahead of a 1-for-10 Reverse Stock Split. Here's What You Need to Know

PATRICIA DE MELO MOREIRA / AFP / Getty Images Close Key Takeaways Nearly six months ago, Tilray Brands (TLRY) stockholders approved a 1-for-10 reverse stock split. Now the cannabis firm has given a date it will take effect, and shares are tanking. The stock lost over a fifth of its value in Friday's shortened trading session, bringing its losses in 2025 to nearly 40%. (Read our daily markets coverage here.) With Friday's losses, Tilray shares have lost nearly 40% of their value in 2025. In a reverse stoc ...