Why British American Tobacco Stock Jumped 11.6% in March

Howard Smith, The Motley Fool
·2 min read
Why British American Tobacco Stock Jumped 11.6% in March

Shareholders of tobacco giant British American Tobacco (NYSE: BTI) had to be happy with the month of March, as shares gained 11.6% in the period, according to data provided by S&P Global Market Intelligence. In mid-February, when the company reported its fiscal 2020 results, BAT updated investors on several aspects of its "new categories" segment. Its Vuse vapor revenue grew 85%, for example.