BUZZ-Smoore jumps as client gets greenlight for marketing tobacco products

Reuters
2024.07.22 02:16
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Shares of vaping devices maker Smoore International Holdingssurged 8.4% after its client, Reynolds American Inc, received marketing approval for seven new tobacco products. Smoore sees this as a positive development and expects it to guide its resource allocation in the US market. The stock is up 40% year-to-date.