By Chris Bailey | Wednesday 5 February 2020
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I may have loved up the upcoming change of CEO at Imperial Brands (IMB) on Monday, but he is coming into a vaping hornets' nest as today's update from the company observes that 'following the US FDA's ban on certain flavours of cartridge-based vapour devices and weaker than expected consumer demand for vapour, we now expect constant currency full year Group net revenue to be at a similar level to last year and adjusted earnings per share to be slightly lower than last year'…