why are tobacco stocks down today has been phenomenal the past 3 years : r/dividends Shares of tobacco companies fell
Shares of tobacco companies fell sharply in trade on January 1 after the government imposed higher excise duty on cigarettes, triggering heavy selling across the sector. ITC shares dropped over 10% to Cigarette Tax Hike Triggers 1 Trillion Stock Crash Impact On ITC, Godfrey Phillips Tobacco Stocks Drop as U.S. May Curb Nicotine in Cigarettes Bloomberg Tobacco Stocks Struggle As Tariff Easing Put Out Rally Tobacco Stocks Head for Worst Day in Five Months on `Dire' Sales Bloomberg
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