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).

Closing Price
$1.06
Day's Change
-0.03 (-2.75%)
Bid
--
Ask
--
B/A Size
--
Day's High
1.12
Day's Low
1.06
Volume
(Light)
Volume:
871,405

10-day average volume:
1,162,716
871,405

AMC stock spikes up in volatile trading, other meme stocks also rally

11:55 am ET December 1, 2022 (MarketWatch)
Print

Shares of movie theater operator AMC Entertainment Holdings Inc. shot up 14.5% on heavy volume in midday trading Thursday, and has already been halted once for volatility. Trading volume swelled to 38.8 million shares, already well more than the full-day average of about 23.9 million shares. The stock was halted for volatility at 11:22 a.m. Eastern, when it was trading up 19.2% at $8.62, then surged even further to an intraday high of $8.97 (up 24.1%), which was the highest price seen since Sept. 20, before paring gains. The stock was actually down 0.3% at an intraday low of $7.21 a little after the open. Meanwhile, the AMC Preferred Equity Units rallied 10.6%. And among other meme stocks, shares of videogame retailer GameStop Corp. tacked on 1.4%, but was up as much as 4.9% earlier, while home goods retailer Bed Bath & Beyond Inc. climbed 10.9%, just off an earlier gain of as much as 12.6%. The meme stocks' gains bucked the weakness in the broader stock market, as the Dow Jones Industrial Average shed 301 points, or 0.9%, and the S&P 500 slipped 0.2%.

-Tomi Kilgore

	

(END) Dow Jones Newswires

December 01, 2022 11:55 ET (16:55 GMT)

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