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Juul down 20%, Altria 6-month losses 25%

Discussion in 'Media and General News' started by iVapeDIY, Sep 13, 2019.

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  1. iVapeDIY

    iVapeDIY Senior Member ECF Veteran

    Sep 1, 2017
    Toronto, Canada
    E-cigarette maker Juul's valuation 'coming down sharply'

    While Altria invested in the controversial vaping company at around $250 per share and this summer rose to a high of about $300 per share, sources say that Juul is now valued at 20% lower in a range between $225-$230.

    Altria sank 3.2% Friday, bringing its 6-month losses to 25% and falling to levels not seen since August 2014.
     

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