Previous close | 101.57 |
Open | 102.00 |
Bid | 97.00 x 800 |
Ask | 103.29 x 1000 |
Day's range | 101.00 - 104.75 |
52-week range | 85.64 - 112.48 |
Volume | |
Avg. volume | 5,754,574 |
Market cap | 160.281B |
Beta (5Y monthly) | 0.68 |
PE ratio (TTM) | 17.89 |
EPS (TTM) | 5.78 |
Earnings date | 21 Jul 2022 |
Forward dividend & yield | 5.00 (5.10%) |
Ex-dividend date | 23 Mar 2022 |
1y target est | 111.97 |
The Food and Drug Administration (FDA) is trying to remove one of the biggest, most popular electronic cigarettes from the market, opening the way for its rival to become the unassailable leader in smoking alternatives. Although the regulatory agency delivered what appeared to be a death blow to Juul Labs by rejecting its marketing application for the Juul device and requiring it to take all its products off store shelves, Juul won a temporary reprieve from an appeals court, which stayed the order until it can decide on the merits of the case. Juul is partially owned by tobacco giant Altria (NYSE: MO), which acquired a 34% stake in the e-cig maker in 2018 for $12.8 billion.
Yahoo Finance health care reporter Anjalee Khemlani explains how the FDA has banned Juul e-cigarettes and what it could mean for other e-cigarette companies.
LAUSANNE, Switzerland, June 23, 2022--Philip Morris International Inc. (PMI) (NYSE: PM) is calling for European regulators and policymakers to consider the millions of adult smokers who are turning to the illicit market instead of switching to better alternatives. The 2021 KPMG annual study on illicit cigarette consumption, commissioned by PMI, reveals that overall illicit cigarette consumption increased by an estimated 3.9%—or 1.3 billion cigarettes—last year, reaching 35.5 billion cigarettes c