The Food and Drug Administration authorized a set of e-cigarette products for sale in the United States for the first time on Tuesday after it concluded that the benefit to adult cigarette smokers outweighed the risk posed to young people.
The news becomes a strong catalyst to related companies like:
$RLX Technology(RLX.US)$ is up almost 15% to $5.33
The FDA authorized only tobacco-flavored nicotine cartridges and denied requests from R.J. Reynolds for 10 flavored products, saying that young people typically start e-cigarette use, often called vaping, not with tobacco but with flavors such as fruit, candy, or mint.
According to the Global e-Cigarette Market report:
The global e-cigarette market is expected to reach US$84.43 billion in 2025, progressing at a CAGR of 17.65%, over the period 2021-2025. And the government's approval or denial will play a key role in the industry for sure.
The fastest-growing regional market is the U.S. due to increasing awareness of safer tobacco alternatives, continuous efforts of anti-smoking organizations shifting the tobacco consumers to alternative forms i.e., e-cigarettes.
Do you think the e-cigarette is a better idea? Any thoughts about it?
Source:
FDA authorizes an e-cigarette for first time, saying benefit for smokers outweighs risk to youths

Happy Monday mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes last week! (Nano caps are excluded.)
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Eve...

Happy Independence Day mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes last week! (Nano caps are excluded.)
Every major index moved higher last week. Here's the weekly buzzing stock list of last week:
AMC
Message Vol.: ⭐⭐⭐⭐⭐
Shares of $AMC Entertainment(AMC.US)$ closed down 4% at $51.960 last Friday with a weekly decrease of 3.88% after short-seller Iceberg Research tweeted that it had made a bearish bet against the thea...