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E-Cigarette Maker Juul’s Value Slashed to $24 Billion by Hedge Fund Investor, WSJ Says

(CNBC) A hedge fund that owns equity in Juul Labs reportedly slashed the value of its stake by more than a third to a price that values the e-cigarette maker at $24 billion. Darsana Capital Partners recently wrote down the value of its investment in the embroiled c-cigarette maker, the Wall Street Journal reported.

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