Why Did 22nd Century Group Shares Surge 39% In After-Hours Trading?

Benzinga_recent_news10-29

22nd Century Group Inc. (NASDAQ:XXII) shares climbed 39.07% to $2.10 in after-hours trading on Tuesday after the company said it received $9.5 million in cash from an insurance settlement for business...

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(NASDAQ:XXII) shares climbed 39.07% to $2.10 in after-hours trading on Tuesday after the company said it received $9.5 million in cash from an insurance settlement for business...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/25/10/48485034/why-did-22nd-century-group-shares-surge-39-in-after-hours-trading\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Did 22nd Century Group Shares Surge 39% In After-Hours Trading?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Did 22nd Century Group Shares Surge 39% In After-Hours Trading?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-29 14:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/equities/25/10/48485034/why-did-22nd-century-group-shares-surge-39-in-after-hours-trading><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>22nd Century Group Inc. (NASDAQ:XXII) shares climbed 39.07% to $2.10 in after-hours trading on Tuesday after the company said it received $9.5 million in cash from an insurance settlement for business...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/25/10/48485034/why-did-22nd-century-group-shares-surge-39-in-after-hours-trading\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XXII","symbol_name":"22nd Century","start_time":0,"source_url":"https://www.benzinga.com/markets/equities/25/10/48485034/why-did-22nd-century-group-shares-surge-39-in-after-hours-trading","article_id":"2579923400","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/10/29/Trader-Analyzing-Data-On-Virtual-Screen-.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/equities/25/10/48485034/why-did-22nd-century-group-shares-surge-39-in-after-hours-trading","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2579923400","pubTimestamp":1761719460,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"22nd Century Group shares surged in after-hours trading following a $9.5 million insurance settlement but remain down nearly 100% from their 52-week high.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"XXII":"22nd Century","BK4075":"烟草"},"translate_title":"22世纪集团股价为何在盘后交易中飙升39%？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XXII":1.5},"content_text":"22nd Century Group Inc. (NASDAQ:XXII) shares climbed 39.07% to $2.10 in after-hours trading on Tuesday after the company said it received $9.5 million in cash from an insurance settlement for business interruption claims tied to the November 2022 Grass Valley incident.\nCheck out the current price of XXII stock here. \nLarry Firestone, chief executive officer of 22nd Century Group, said the settlement ‘closes another chapter of our past and solidifies our company’s transition from a clean-up to entering a growth phase. We now have a balance sheet with meaningful cash resources that will allow us to execute on our strategy.’\nAccording to Firestone, the company is committed to growing its core business, which includes using VLN products to strengthen its position in tobacco harm reduction. \nSee Also: Why Did VSee Health’s Stock Jump Over 45% Overnight?\nThe company uses proprietary VLN tobacco, which has 95% less nicotine than other tobacco, in its VLN and Partner VLN reduced-nicotine cigarettes.\nThe U.S.-based biotechnology company’s VLN products are the first and only combusted tobacco products to meet the Food and Drug Administration’s (FDA) proposed standard for nicotine yield in cigarettes. \nIn its last second-quarter report on Aug. 14, the company posted a loss of $13.16 per share, well above the estimated loss of $6.21 per share.\n22nd Century Group is scheduled to report third-quarter earnings on Nov. 4.\nThe stock has a year range of $1.43 to $394.02 and a market capitalization of $5.71 million.\nPrice Action: Shares of 22nd Century Group Inc. fell 0.66% to $1.51 at Tuesday’s close, according to Benzinga Pro data.\nBenzinga Edge Stock Rankings show that XXII is trending downward across all time frames. Here is how the stock fares on other parameters.\nRead Next:\nPhoto Courtesy: Miha Creative on Shutterstock.com\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2579923400","isCrawlerRequest":true}