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Lorillard Down After FDA Cites Public Health Impact from Menthol in Cigarettes (LO)

Shares of Lorillard, Inc. (NYSE: LO) are down about 4 percent after the FDA issued a statement that said, “there is likely a public health impact of menthol in cigarettes.”

The statement went on to say that it was now seeking public comments to help it make regulatory decisions regarding its findings.

The Food and Drug Administration has been studying the public health effects of menthol for at least two years.

Companies affected by the action could include:

Lorillard

Reynolds American (NYSE: RAI)

Phillip Morris International (NYSE: PM)

Altria Group (NYSE: MO)

British American Tobacco plc (NYSE: BTI)

Vector Group Ltd (NYSE: VGR)

[stock-tools exchange="NYSE" symbol="LO" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

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