Previous close | 1.7600 |
Open | 1.7600 |
Bid | 1.1000 |
Ask | 1.2500 |
Strike | 77.50 |
Expiry date | 2025-01-17 |
Day's range | 1.7600 - 1.7600 |
Contract range | N/A |
Volume | |
Open interest | 557 |
Comprehensive Review and Future Outlook Amidst Strong Smoke-Free Product Performance
The Marlboro maker's flagship heated tobacco device IQOS, expected to launch in the United States in the second quarter, has been a driving force behind its effort to make more money from alternatives to traditional cigarettes. The company's first-quarter revenue of $8.79 billion beat market expectations of $8.47 billion, according to LSEG data. Demand for the IQOS device and associated tobacco sticks in major markets like Japan helped the company offset the impact of a ban on flavored heated tobacco products in the European Union.
The Marlboro maker's flagship heated tobacco device IQOS, expected to launch in the United States in the second quarter, has been a driving force behind its effort to make more money from alternatives to traditional cigarettes. The company's first-quarter revenue of $8.79 billion beat market expectations of $8.47 billion, according to LSEG data. Demand for the IQOS device and associated tobacco sticks in major markets like Japan helped the company offset the impact of a ban on flavored heated tobacco products in the European Union.