NewsBreak: Tobacco Stocks Mixed as Research Links E-Cigarettes to Cancer in Mice

NewsBreak: Tobacco Stocks Mixed as Research Links E-Cigarettes to Cancer in Mice

Oct 07, 2019

Tobacco stocks were mixed amid new findings showing that exposure to nicotine in e-cigarette vapor had caused cancer in mice, and was likely “very harmful” to humans, according to New York University.

  • The study is the first to link vaping nicotine to cancer.

  • The amount of smoke the mice were exposed to was similar to what a human would inhale if they vaped regularly for about three to six years, estimated Moon-shong Tang, a professor at the NYU School of Medicine.

  • .Tobacco companies are under regulatory fire as lawmakers attempt to stop underage vaping, which has been linked to a series of deadly lung disease. Philip Morris (NYSE:PM) fell 1%, while Altria (NYSE:MO) was up 1.3%.

    • Altria Group (NYSE:MO) closed up 1.25%, while Philip Morris International (NYSE:PM) ended off 1.4%.

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