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PM - Bad Times Ahead For Altria: Regulatory Risk And Alternative Investments In Focus
Philip Morris International Inc
MO experienced a prolonged downtrend from mid-2017 to early 2020.
If very low nicotine cigarettes or a ban on menthol cigarettes remain under discussion by the Biden administration, that could hang over MO's stock for years.
MO may find itself particularly sensitive to developments with its alternative investments.