Decentraland5 Investors Betting Big on Tilray (TLRY) Stock
Investorplace News on MSN.com
•3 days ago
Investors in cannabis company Tilray are in selling mode today, as TLRY stock loses more than 20% of its value on a bond issuance.More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Wall Street Titan: Here’s My #1 Stock for 2023 It doesn’t matter if you have $500 or $5 million.
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1. According to The Motley Fool, five investors are betting big on Tilray stock (TLRY). Billionaire investor Peter Thiel is among the five, having initially invested in the company when it was a private entity. Thiel has been steadily increasing his stake over the past few months and is now one of Tilray's largest shareholders. 2. Billionaire investor Jim Simons is also one of the five investors betting big on Tilray stock (TLRY). Simons' firm, Renaissance Technologies, has reportedly increased its stake in Tilray by over 7 million shares since the beginning of the year. 3. Another investor betting big on Tilray stock (TLRY) is hedge fund manager Dan Loeb. According to SEC filings, Loeb's Third Point LLC has taken a stake in Tilray worth over $45 million. 4. Private equity firm BHR Partners is another investor betting big on Tilray stock (TLRY). BHR has reportedly taken a stake worth more than $100 million in the company. 5. Finally, the fifth investor betting big on Tilray stock (TLRY) is mutual fund giant Vanguard Group. Vanguard has taken a stake in Tilray worth over $90
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