Key Points Its CEO resigned unexpectedly. This was compounded by a significant price target reduction from an analyst. 10 stocks we like better than Turning Point Brands › Turning Point Brands (NYSE: TPB) is surely ready to head into the weekend. That's because the trailing few trading days weren't kind to the tobacco company's stock. On the back of a surprise resignation, an unwelcome change to annual profitability guidance, and a deep price target cut from an analyst, investors bailed out of its shares. They were down by almost 12% week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence . Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.
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