22nd Century Group, Inc. (XXII) surged 5.45 percent to $4.83 as the company highlighted expanding adoption of its VLN reduced nicotine content cigarettes by additional tobacco brands.
Shares traded between $4.74 and $9.47 after opening at $7.66, with volume at 23.4 million compared to an average of 75,552 on the Nasdaq. The stock's 52-week range is $4.24 to $2,822.45.
The products use proprietary tobacco with 95 percent less nicotine than traditional cigarettes, aligning with the FDA's proposed new standard for nicotine yield aimed at reducing smoking-related health harms.
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