Altria’s investment in Juul had the worst possible timing — and wound up costing it $110 million a week amid a mass vaping crackdown – Business Insider

November 3, 2019
4:29 pm

Altria’s investment in Juul had the worst possible timing — and wound up costing it $110 million a week amid a mass vaping crackdown – Business Insider

REUTERS/Ronen Zvulun

Tobacco giant Altria’s $12.8 billion investment in Juul has lost $110 million in value every week since the deal was announced on December 20, 2018.
Markets Insider calculated the weekly loss based on the amount of time …
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Business Insider, USA

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