Why Did Turning Point Brands Plunge 14.4% Amid Industry Competition?

On May 14, 2025, Turning Point Brands experienced a significant drop of 14.4% in pre-market trading, sparking concerns among investors and analysts alike.

Turning Point Brands, a key player in the tobacco industry, has been facing increased competition from other major companies. British American Tobacco, one of its primary competitors, has been expanding its market share, which could be a contributing factor to the recent decline in Turning Point Brands' stock price.

Despite the challenges, Turning Point Brands has shown resilience in the past. During a recent period, the company significantly outperformed its peers, delivering a 17.9% return. This performance highlights the company's ability to navigate a competitive landscape and adapt to market changes.