Turning Point shares rally after company says it’s giving up on third-party vaping business [MarketWatch]
Turning Point Brands, Inc. (TPB)
Last turning point brands, inc. earnings: 4/28 07:30 am
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Source: MarketWatch
Turning Point shares rally after company says it’s giving up on third-party vaping business Shares of tobacco products maker Turning Point Brands Inc. soared 25% Friday, after the company said it’s reviewing its strategic options for its third-party vaping business. The negative headlines that have swirled since late summer amid an outbreak of a severe lung injury stemming from vaping has “dramatically disrupted” that business, said the Louisville, Ky.-based company TPB, +17.06% , as it reported better-than-expected third-quarter earnings. The Centers for Disease Control and Prevention says 1,888 Americans have been sickened with the illness so far and 37 deaths have been confirmed. All patients reported using e-cigarettes or vaping products and most said they had used products containing THC, the psychoactive ingredient in the cannabis plant. Most of those who have fallen ill obtained the products on the black market or from other informal sources and not from cannabis stores in
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News
- Turning Point Brands, Inc. (NYSE:TPB) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Turning Point Brands (NYSE:TPB) Has Announced A Dividend Of $0.07 [Yahoo! Finance]Yahoo! Finance
- Turning Point Brands, Inc. (NYSE: TPB) had its price target raised by analysts at Benchmark Co. from $34.00 to $45.00. They now have a "buy" rating on the stock.MarketBeat
- Atai Caplital - Turning Point Brands: Set Up For Higher Top-Line And Even Faster Bottom-Line Growth [Seeking Alpha]Seeking Alpha
- Atai Capital Management Q1 2024 Letter [Seeking Alpha]Seeking Alpha
TPB
Earnings
- 11/8/23 - Beat
TPB
Sec Filings
- 5/9/24 - Form 3
- 5/9/24 - Form 144
- 5/6/24 - Form 8-K
- TPB's page on the SEC website