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50 Blue Chip Stocks Worth Less than Half as Much as Tilray

September 19, 2018

 

On July 19th, 2018, Tilray, Inc. (NASDAQ:TLRY), with an IPO price of just $17 per share,  IPOed on the NASDAQ, making it the first company of its kind to do so.

 

Since then, the company’s value has risen to astronomic proportions as it is now halted at $217.75 per share roughly 44 trading days later. Based on this share price, the company’s market capitalization is estimated to be a whopping $20.28 billion USD.

 

With a valuation over $20 billion, Tilray is officially more than double the size of some of the most widely known businesses in the world. This list leaves out hundreds of other major public companies that are now minuscule in comparison to Tilray...

 

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