22nd Century Group shares are trading higher after the company signed a new contract manufacturing agreement for the production of branded conventional cigarette products.
Portfolio Pulse from Benzinga Newsdesk
22nd Century Group's stock is trading higher following the announcement of a new contract manufacturing agreement for the production of branded conventional cigarette products.
April 05, 2024 | 1:51 pm
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22nd Century Group's announcement of a new contract manufacturing agreement for conventional cigarette products has led to an increase in its stock price.
The announcement of a new contract manufacturing agreement is a positive development for 22nd Century Group, indicating potential growth in revenue and business expansion. This type of news typically results in a positive short-term impact on a company's stock price as investors react to the potential for increased sales and market share.
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