Top Juul Labs investor Altria has lost $31 billion in market value since April, when the Food and Drug Administration launched a new investigation into vaping. Altria bought a $12.8 billion stake in Juul back in December. A litany of setbacks have weighed on Juul and Altria since, including a growing number of illnesses and deaths related to vaping and e-cigarette use. Watch Altria trade live on Markets Insider.
Top Juul Labs investor Altria has lost $31 billion in market value since April, when the Food and Drug Administration launched a new investigation into vaping. Altria bought a $12.8 billion stake in Juul back in December. A litany of setbacks have weighed on Juul and Altria since, including a growing number of illnesses and deaths related to vaping and e-cigarette use. Watch Altria trade live on Markets Insider.
Don't understand the vapers. With the cigarettes you at least know what fumes you breath in. With the vapes, what sort of rubbish passes into your body, noone knows. Disastrous
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »