22nd Century Stock Soars 18.1% on Strategic Deals
Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 9, 2025 9:08 am ET1min read
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22nd Century's stock surged 18.1% in pre-market trading on April 9, 2025, driven by a series of strategic agreements that have significantly boosted its revenue growth.
The company's momentum began in the third quarter of 2024 when it signed an agreement with a new filtered cigar customer. This agreement, along with subsequent deals, has led to a substantial increase in filtered cigar volume, contributing to the company's overall revenue growth.
These strategic moves have not only expanded 22nd Century's customer base but also diversified its revenue streams, positioning the company for continued success in the market.
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