Shares of Altria dropped 2 percent in a sudden move after FDA commissioner Scott Gottlieb said a meeting last week with the company its e-cigarette unit Juul was"difficult." div > div.
Shares of Altria dropped 2 percent in a sudden move after FDA commissioner Scott Gottlieb said a meeting last week with the company its e-cigarette unit Juul was"difficult."
div > div.group > p:first-child"> Gottlieb said he did not come away with any evidence that public health concerns drove Altria's decision to invest in Juul, and instead says it looks like a business decision. Altria made a $12.8 billion investment in the e-cigarette maker late last year. In September, Gottlieb ordered the five largest e-cigarette manufacturers, including Juul and Altria, to submit plans outlining how they planned to curb youth vaping.
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