net_left Phương Thức Thanh Toán
Phương Thức Thanh Toán

22nd Century Soars on Biden Admin Decision, Here's All You Need to Know

By Vlad Schepkov Shares of 22nd Century Group (NASDAQ:XXII) are among the most active movers in Wednesday's midday session, gaining about 25% in heavy trading, following the...
22nd Century Soars on Biden Admin Decision, Here's All You Need to Know © Reuters. 22nd Century (XXII) Soars on Biden Admin Decision, Here's All You Need to Know

By Vlad Schepkov

Shares of 22nd Century Group (NASDAQ:XXII) are among the most active movers in Wednesday's midday session, gaining about 25% in heavy trading, following the publication of the Biden Administration’s plans to mandate a lower maximum nicotine level in tobacco products.

According to an FDA PR, dated June 21st, 2022, “the U.S. Food and Drug Administration’s plans to develop a proposed product standard that would establish a maximum nicotine level to reduce the addictiveness of cigarettes and certain other combusted tobacco products.”

The proposal features few specific details for now and a concrete policy may still be years away, although the plan marks yet another official move in the FDA’s long struggle to reduce smoking.

The news was enough to set off a hunt for XXII’s shares and here's why:

22nd Century Group is the maker of VLN King and VLN Menthol King 95% - the first and only reduced nicotine content cigarettes to earn the FDA’s Modified Risk Tobacco Product (MRTP) designation. The agency went as far as to require the company to include “Helps You Smoke Less” on product packaging and advertising.

Although 22nd Century is currently only selling its products through a limited pilot program in the Chicago area, XXII plans a national launch following the pilot’s completion.

Dawson James Securities analyst James McIlree sees the company as possibly the biggest beneficiary of a potential low-nicotine mandate. He highlights that “complying with a non-addictive low-nicotine mandate will be expensive for the industry if it pursues nicotine extraction or plant modification on its own.”

The analyst thus sees many major players rather focusing on e-cigarette products, leaving “the combustible market wide open for 22nd Century’s VLN,” as the company already has technology “that could solve their problem.” Dawson James believes “This is bullish for 22nd Century”, as they reiterate a Buy rating and $8.50 price target on the shares.

XXII is trading holding above $2, as of midday, up nearly 25%.

Hot Auto Trade Bot Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
27-06-2022 05:50:29 (UTC+7)

EUR/USD

1.0562

+0.0008 (+0.08%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

EUR/USD

1.0562

+0.0008 (+0.08%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

GBP/USD

1.2286

+0.0024 (+0.20%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

USD/JPY

135.10

-0.07 (-0.05%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

AUD/USD

0.6952

+0.0003 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

USD/CAD

1.2894

0.0001 (0.00%)

Summary

Neutral

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (5)

Sell (1)

EUR/JPY

142.71

+0.04 (+0.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

EUR/CHF

1.0112

+0.0003 (+0.03%)

Summary

Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (3)

Gold Futures

1,835.65

+7.55 (+0.41%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (7)

Silver Futures

21.238

+0.079 (+0.37%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

Copper Futures

3.7745

+0.0300 (+0.80%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

Crude Oil WTI Futures

106.41

-0.65 (-0.61%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (8)

Brent Oil Futures

107.94

-1.16 (-1.06%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Natural Gas Futures

6.229

-0.052 (-0.83%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (5)

Sell (3)

US Coffee C Futures

223.40

-5.60 (-2.45%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

Euro Stoxx 50

3,533.17

+96.88 (+2.82%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (4)

Sell (4)

S&P 500

3,911.74

+116.01 (+3.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

DAX

13,118.13

+205.54 (+1.59%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (7)

FTSE 100

7,208.81

+188.36 (+2.68%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (1)

Hang Seng

21,719.06

+445.19 (+2.09%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

US Small Cap 2000

1,765.74

+54.06 (+3.16%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

IBEX 35

8,244.10

+137.70 (+1.70%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (3)

Sell (5)

BASF SE NA O.N.

42.215

+0.785 (+1.89%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

Bayer AG NA

57.79

-0.75 (-1.28%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (7)

Allianz SE VNA O.N.

181.20

+2.20 (+1.23%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (4)

Adidas AG

170.36

+3.30 (+1.98%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (3)

Sell (5)

Deutsche Lufthansa AG

5.966

-0.310 (-4.94%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (6)

Siemens AG Class N

102.62

+3.36 (+3.39%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

Deutsche Bank AG

8.919

+0.407 (+4.78%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

 EUR/USD1.0562↑ Buy
 GBP/USD1.2286↑ Buy
 USD/JPY135.10↑ Sell
 AUD/USD0.6952↑ Buy
 USD/CAD1.2894Neutral
 EUR/JPY142.71↑ Buy
 EUR/CHF1.0112Sell
 Gold1,835.65↑ Sell
 Silver21.238Sell
 Copper3.7745Sell
 Crude Oil WTI106.41↑ Sell
 Brent Oil107.94↑ Sell
 Natural Gas6.229Buy
 US Coffee C223.40↑ Buy
 Euro Stoxx 503,533.17Neutral
 S&P 5003,911.74↑ Buy
 DAX13,118.13↑ Sell
 FTSE 1007,208.81↑ Buy
 Hang Seng21,719.06↑ Buy
 Small Cap 20001,765.74↑ Buy
 IBEX 358,244.10Sell
 BASF42.215↑ Buy
 Bayer57.79↑ Sell
 Allianz181.20↑ Sell
 Adidas170.36↑ Sell
 Lufthansa5.966↑ Sell
 Siemens AG102.62↑ Buy
 Deutsche Bank AG8.919↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,760/ 6,840
(6,760/ 6,840) # 1,696
SJC HCM6,785/ 6,865
(0/ 0) # 1,716
SJC Hanoi6,785/ 6,867
(0/ 0) # 1,718
SJC Danang6,785/ 6,867
(0/ 0) # 1,718
SJC Nhatrang6,785/ 6,867
(0/ 0) # 1,718
SJC Cantho6,785/ 6,867
(0/ 0) # 1,718
Cập nhật 27-06-2022 05:50:31
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,833.54+6.260.34%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V33.47034.130
RON 95-III32.87033.520
E5 RON 92-II31.30031.920
DO 0.05S30.01030.610
DO 0,001S-V30.81031.420
Dầu hỏa 2-K28.78029.350
ↂ Giá dầu thô thế giới
WTI$105.44+0.720.68%
Brent$108.03+0.60.55%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.080,0023.390,00
EUR23.828,4125.163,09
GBP27.747,3328.930,97
JPY167,31177,13
KRW15,4518,82
Cập nhật lúc 18:52:30 26/06/2022
Xem bảng tỷ giá hối đoái
Phương Thức Thanh Toán