24/7 Market News – (NASDAQ: XXII) 22nd Century Group Inc. shares have surged recently on news the FDA will attempt to ban addictive levels of nicotine in cigarettes.
[mstock id=”73007″ asset=”xxii”]
22nd Century Group (Nasdaq:XXII) Supports Federal Proposal to Require Less Nicotine in All U.S. Cigarettes
If Biden Nixes Nicotine, 22nd Century Group Stock Could 10X
The company already manufactures brands that would fall under the approved level of nicotine under the new guidelines. The 52-week high on the stock is $4.58 but the stock had a significant move to the upside in January of this year almost trading 80 million shares and topping off at $3.50. In comparison the recent volume with more than 20 million saw a price increase to a high of $2.80