"The Juul, a wildly popular vape pen with twice the nicotine content of similar devices, is starting to encroach on Big tobacco’s financial terrain.
In a recent memo, Citigroup analysts warned investors that the device’s sales could have a negative impact on tobacco stocks such as Altria and British American tobacco."
The truth is starting to come to the surface. The trickle down is less MSA money.
The full article is blocked by a pay site but this will tell most of the story.
https://usaonlinejournal.com/2018/0...l-street-worried-about-tobacco-stocks-mo-pmi/
In a recent memo, Citigroup analysts warned investors that the device’s sales could have a negative impact on tobacco stocks such as Altria and British American tobacco."
The truth is starting to come to the surface. The trickle down is less MSA money.
The full article is blocked by a pay site but this will tell most of the story.
https://usaonlinejournal.com/2018/0...l-street-worried-about-tobacco-stocks-mo-pmi/