Nasdaq Inc. Stock Rises Thursday, Outperforms Market

22nd Century Group Inc

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Consumer Staples : Tobacco | Small Cap Growth

Company profile

22nd Century Group, Inc. is an agricultural biotechnology and intellectual property company. The Company is focused on tobacco harm reduction, reduced nicotine tobacco and improving health and wellness through plant science. In tobacco, hemp/cannabis, and hop plants, it uses various plant breeding technologies, including genetic engineering, gene-editing, and molecular breeding to deliver solutions for the life science and consumer products industries by creating new plants with optimized alkaloid and flavonoid profiles, as well as improved yields and valuable agronomic traits. It has developed very low nicotine content (VLNC) tobacco and cigarettes, which contain 95% less nicotine than conventional tobacco and cigarettes. Its reduced nicotine cigarettes include VLN King and VLN Menthol King. In hemp, the Company is developing hemp varieties with increased levels of certain cannabinoids and other desirable agronomic traits. The Company has an interest in RX Pharmatech Ltd (RXP).

Nasdaq Inc. Stock Rises Thursday, Outperforms Market

5:11 pm ET October 27, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Nasdaq Inc. (NDAQ) rallied 1.03% to $60.65 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.61% to 32,033.28 and the S&P 500 Index falling 0.61% to 3,807.30. Nasdaq Inc. closed $11.00 below its 52-week high ($71.65), which the company reached on November 5th.

The stock outperformed some of its competitors Thursday, as Hong Kong Exchanges & Clearing Ltd. ADR fell 4.57% to $28.85, CME Group Inc. Cl A (CME) rose 0.47% to $172.73, and Deutsche Boerse AG ADR fell 1.93% to $16.26. Trading volume (1.6 M) remained 335,539 below its 50-day average volume of 2.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2022.

(END) Dow Jones Newswires

October 27, 2022 17:11 ET (21:11 GMT)