The Food and Drug Administration has authorized Juul Labs’ original vaporizer, along with refill cartridges in tobacco and menthol flavors, to remain on the U.S. market, people familiar with the matter told The Wall Street Journal’s Jennifer Maloney and Laura Cooper. Publicly traded companies in the tobacco products space include Altria Group (MO), British American Tobacco (BTI), Imperial Brands (IMBBY) and Philip Morris (PM).
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BTI:
- British American Tobacco call volume above normal and directionally bullish
- British American Tobacco assumed with a Buy at Jefferies
- Sell Rating for British American Tobacco Due to Unsustainable Growth in Velo Product
- British American Tobacco (BTI) Leverages 6.1% Yield to Extend Rally
- Pandemic Risks Loom Over British American Tobacco’s Operations and Strategy
