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In a serious understatement, The New York Times wrote, The move startled investors, who knocked $14.75 off the price of Philip Morris shares, to $49.375. This knocked off $13.4 billion of PMs market cap and was the largest one-day decline in a single stock since October 19, 1987

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[11] The CDC also notes that, "However, because low-income groups are more responsive to price increases, increasing the real price of cigarettes can reduce cigarette consumption among low income smokers by a greater percentage than among higher income smokers, and thereby diminish socioeconomic smoking disparities

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So how do you break that cycle

Journal reference: Schmitt M