mo4ch:>Smoking now not only bad for health, but investment portfolios too – RT’s Boom Bust finds out why | Mo4ch News - Mo4ch News

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Friday, April 5, 2019

mo4ch:>Smoking now not only bad for health, but investment portfolios too – RT’s Boom Bust finds out why | Mo4ch News

Tobacco stocks took a dip shortly after the US Food and Drug Administration announced plans to investigate reports of e-cigarette users experiencing seizures.

Though the FDA didn’t directly blame e-cigarettes, the announcement dragged down shares of tobacco giants like Altria, British American Tobacco and Imperial Brands. Global investors, previously spooked by a probable tightening of e-cigarette restrictions, opted to pull out of the stocks.

RT’s Boom Bust decided to cut through the smoke and find out if e-cigs could drag down the once highly profitable assets.

For more stories on economy & finance visit RT's business section


Source : RT - Daily news

Smoking now not only bad for health, but investment portfolios too – RT’s Boom Bust finds out why

Smoking now not only bad for health, but investment portfolios too – RT’s Boom Bust finds out why