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YahooSeptember 21, 2026 at 12:29 PM NYLast Month

Tobacco Stock Drops After New CEO and Guidance Cut Announcement

Turning Point Brands named a new CEO and cut its full-year outlook on Monday. Altria Group shares dropped 1.4%, and Philip Morris International stock fell 1% on the news. London-traded British American Tobacco shares declined 0.5%.

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