Altria’s $13 billion investment in Juul e-cigarettes vaporized | Local business news

Henrico County-based tobacco giant Altria’s $13 billion investment in struggling vaping company Juul has gone up in smoke — now worth less than 5% of its original value as U.S. regulators seek a ban on its vape products. Altria slashed the value of its Juul investment by more than $1.2 billion on Thursday, setting its …

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