BAT shares extend rally as FDA shift gives Vuse and Velo a cleaner U.S. read
British American Tobacco shares rose 1.72% to GBX 4,713.78 in London Wednesday, building on a 5.82% gain after the FDA eased enforcement on some e-cigarette and nicotine pouch products with pending applications. A U.S. judge also dismissed BAT’s North Korea sanctions case after the company paid $630 million in penalties. Philip Morris and Altria shares also moved on the FDA news.