Smoked Out: Camel Parent British American Tobacco’s Stock Sinks To 12-Year Low

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Smoked Out: Camel Parent British American Tobacco’s Stock Sinks To 12-Year Low

Topline Shares of British American Tobacco sank Wednesday to their lowest level in more than a decade after the Newport and Camel cigarette maker said it’s significantly writing down the value of its U.S. business, as British American Tobacco and its publicly-traded peers continue to significantly underperform the broader market amid a decline in popularity
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