- Imperial Brands (OTCQX:IMBBY, OTCQX:IMBBF) fell 12.92% in London today after issuing a warning on the impact of the crackdown on vaping marketing in the U.S.
- The tobacco company expects full-year sales growth of 2% vs. a prior range of growth at the upper end of a 1% to 4% range. EPS growth is expected to be flat, compared with medium-term guidance of 4% to 8%.
- Shares of Imperial Brands are down 40% from their 52-week high.