HomeMarketsIndicesFDA Temporarily Suspends Order Banning JUUL Cigarettes

FDA Temporarily Suspends Order Banning JUUL Cigarettes

"The vaping market will double in size from $11B to over $22B in 2030. Altria (MO) does not make JUUL products and it's just an investor. The value of JUUL plummeted 87% on Altria's (MO) balance sheet. If the value of JUUL falls by more than 90%, Altria (MO) would be free to invest in other e-vapor products or even make their own," says John Bencich. He also discusses the stock market being under pressure ahead of tomorrow's inflation data.

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12 Jul 2022

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