Question

On which date and at what price were the shares of Tilray (TLRY) sold in the...

On which date and at what price were the shares of Tilray (TLRY) sold in the IPO? On which date

and at what price did the shares of Tilray start trading? On which stock exchange? What was the

closing price of the stock on the _rst day of trading? What was the percent change in the stock price

for that one day? What was the percent change in the stock price for the _rst week since IPO?

Homework Answers

Answer #1

Tilary offerd it's share in IPO on 19th jun 2018, it's shares were priced at 17 per share in IPO.

Shares of Tilary started trading from 19th july 2018 with the opening price of 23.05 per shares. It's first day closing price was 22.39 per share.

Name of stock exchange on which Tilary started trading is NASDAQ.

Percent change in stock price for the first day=-2.863% [i.e. (22.39-23.05)/23.05*100]

It's closing price at the end of week was 29.77

hence % change in stock price for the first week =29.15% [i.e.(29.77-23.05)/23.05*100]

% change in a week since IPO was=75.12% [i.e.(29.77-17)/17*100]

Please do not forget to upvote my solution if you like the same.

Feel free to ask any query via comments.

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