why are tobacco stocks down today beat tech: The Economist explains | Trung T. Phan posted on the topic Tobacco isn't a good investment

Tobacco isn't a good investment study shows a decline in stock prices since 2016 British American Tobacco to Write Down $31.5 Billion on U.S. Brands WSJ Tobacco Stocks Slide: Godfrey Phillips Crashes 10% Smoking is down, but why are profits up? Shares of tobacco companies fell sharply in trade on January 1 after the government imposed higher excise duty on cigarettes, triggering heavy selling across the sector. ITC shares dropped over 10% to Why are tobacco stocks performing so well?

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