22nd Century Group up 52%, Rebound From All-Time Low

Dow Jones
2025/07/17
 

By Stephen Nakrosis

 

Shares of tobacco company 22nd Century Group, which touched an all-time low of $4.24 on Wednesday, rebounded in the after-hours market, gaining over 50%.

The company's shares were up 52%, at $7, in the late-trading session. They closed the day's regular session at $4.58, losing 3.6%.

After the bell, the company said multiple tobacco brands were partnering with 22nd Century to expand the availability and awareness of its VLN based reduced nicotine content products. 22nd Century added its products incorporate proprietary and patented tobacco which has 95% less nicotine than tobacco used in conventional cigarettes.

The company also said recently announced partner VLN initiatives reflect a growing commitment by tobacco brands to comply with the U.S. Food and Drug Administration's proposed new tobacco product standards.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

July 16, 2025 18:18 ET (22:18 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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