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 …