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22nd Century Surges to 480th in Trading Volume with 1932% Spike Amid Major Acquisition
Generated by AI AgentAinvest Volume Radar
Thursday, Jul 17, 2025 6:04 pm ET1min read
Aime SummaryOn July 17, 2025,
(XXII) saw a significant increase in trading volume, reaching 212 million, a 1932.38% surge from the previous day. This placed the company at the 480th position in terms of trading volume for the day. The stock price of 22nd Century (XXII) rose by 6.99%.22nd Century Group, Inc. announced that it has entered into a definitive agreement to acquire a majority stake in a leading cannabis cultivation and distribution company. This strategic move is expected to enhance 22nd Century's market position and expand its product offerings in the rapidly growing cannabis industry.
The company also reported strong financial results for the second quarter of 2025, with revenue increasing by 25% year-over-year. This growth was driven by increased demand for the company's tobacco-free nicotine products, which have gained popularity among health-conscious consumers.
Additionally, 22nd Century has been actively involved in research and development, focusing on innovative nicotine delivery systems. The company's latest patent application for a new nicotine delivery technology has been approved, further solidifying its leadership in the nicotine industry.
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