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Business
PSKY, ORCL, TLRY Stocks Fall to 52-Week Lows
✍️ Asianet Newsable
🗓 21 Jul 2026, 09:33 AM
👁 1
Shares of PSKY, Oracle and Tilray dropped to their lowest levels in a year on Tuesday, marking a sharp sell‑off in the technology and cannabis sectors.
On Tuesday, the shares of PSKY (Psyche), Oracle (ORCL) and Tilray (TLRY) fell to their 52‑week lows, reflecting a broader sell‑off in the technology and cannabis markets.
The decline saw PSKY’s stock price dip below its year‑low, while Oracle and Tilray also slipped past their lowest points recorded in the past 12 months.
The drop came amid heightened market volatility, with investors re‑evaluating exposure to high‑growth tech and specialty cannabis stocks.
Analysts note that the sell‑off could be driven by a mix of sector‑specific concerns and broader risk‑off sentiment, though concrete catalysts have not yet been identified.
The market reaction underscores the sensitivity of growth‑oriented shares to shifts in investor sentiment and macroeconomic outlooks.
The decline saw PSKY’s stock price dip below its year‑low, while Oracle and Tilray also slipped past their lowest points recorded in the past 12 months.
The drop came amid heightened market volatility, with investors re‑evaluating exposure to high‑growth tech and specialty cannabis stocks.
Analysts note that the sell‑off could be driven by a mix of sector‑specific concerns and broader risk‑off sentiment, though concrete catalysts have not yet been identified.
The market reaction underscores the sensitivity of growth‑oriented shares to shifts in investor sentiment and macroeconomic outlooks.