Winston and Davidoff cigarette-maker Imperial Brands shrugged off any concern.
Stock Watch - Warpaint
Warpaint London shares shot up after sales surged and Tesco put in a chunky Christmas order for its products.
The make-up group said that as well as having a better-than-expected first quarter to March – with sales up compared with the same three months of last year – it also had a strong end to 2020.
Its W7 line is being rolled out at US store chain Five Below and it has benefited from using Amazon’s shipping services.
Shares jumped 15.7 per cent, or 17p, to 125p.
The potential nicotine-cutting policy ‘is not new, having been discussed in the US for a number of years’, it said, and added that pursuing it could take several more years ‘with an outcome that would be difficult to predict’.
ממשל ביידן שוקל לחייב הפחתת ניקוטין בסיגריות – ומניות הטבק צוללות
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Tobacco Stocks Drop as U S May Phase Out Addictive Cigarettes
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