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Altria Group, Inc. (MO)

NYSE - Nasdaq Real Time Price. Currency in USD
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43.19-0.21 (-0.48%)
At close: 04:03PM EDT
43.35 +0.16 (+0.37%)
After hours: 07:14PM EDT
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    Juul to remain on the market after appeals court pauses FDA ban

    Cowen Managing Director and Senior Research Analyst Vivien Azer joins Yahoo Finance Live to discuss the pause on the FDA ban of Juul products, Altria's e-cigarette portfolio, and the outlook for tobacco producers.

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    How to Think About "Sin Stocks"

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    Juul Ban: Here's What Altria Investors Need to Know

    The Food and Drug Administration recently announced a ban, blocking electronic cigarette maker Juul Labs from selling its products in the United States. The decision could mark a painful end to the disastrous saga for Altria Group (NYSE: MO), which bought a 35% stake in Juul for $12.8 billion in late 2018. Altria's stock responded to the move by dropping near its 52-week low, but the ban of Juul isn't necessarily the blow to Altria the market is acting like it is.