British American Tobacco p.l.c. (BATS.L)
- Motley Fool
Why British American Tobacco Stock Jumped 11.6% in March
Shareholders of tobacco giant British American Tobacco (NYSE: BTI) had to be happy with the month of March, as shares gained 11.6% in the period, according to data provided by S&P Global Market Intelligence. In mid-February, when the company reported its fiscal 2020 results, BAT updated investors on several aspects of its "new categories" segment. Its Vuse vapor revenue grew 85%, for example.
- Motley Fool
Why Organigram Holdings Jumped 14.5% in March
The stocks of several cannabis producers have more than doubled just since the start of the year, including Organigram Holdings (NASDAQ: OGI). Organigram got an added boost from news of a strategic partnership in March, helping its shares gain 14.5% in the month, according to data provided by S&P Global Market Intelligence. On March 11, news that Organigram and tobacco giant British American Tobacco (NYSE: BTI) formed a business alliance caused the stock to spike almost 40% that day.
- Motley Fool
What Investors Need to Know About the British American Tobacco and OrganiGram Deal
The deal is the latest in a string of recent arrangements between companies in "traditional" sectors and marijuana businesses.
