Tilray Inc. Cl 2 stock rises Wednesday, outperforms market – MarketWatch

Shares of Tilray Inc. Cl 2

sailed 50.91% to $63.91 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average

rising 0.20% to 31,437.80 and the NASDAQ Composite Index

falling 0.25% to 13,972.53. This was the stock’s third consecutive day of gains. Tilray Inc. Cl 2 hit a new 52-week high, surpassing its previous peak of $45.49, which the company reached on February 9th.

The stock outperformed some of its competitors Wednesday, as Bunge Ltd.

fell 0.98% to $74.69. Trading volume (189.3 M) eclipsed its 50-day average volume of 32.3 M.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.