Why Is Turning Point Brands $TPB Stock Down -9.01% Today? (Find out why any stock moved today on Tickeron.) • Shares of Turning Point Brands $TPB fell roughly 9% in early trading Monday, sliding from a prior close of $68.14 to about $62.00. • Primary catalyst: The company announced that Chief Executive Officer Graham Purdy is stepping down for personal reasons, with Executive Chairman David E. Glazek taking over as CEO. • Secondary driver: Management tightened its full-year 2026 EBITDA guidance range to $70–$80 million, down from $70–$90 million, citing higher freight costs and delayed onshoring benefits. • Broader context: The move adds to a difficult stretch for the stock, which has been pressured by regulatory uncertainty around FDA approval of nicotine pouches. • What to watch: Investors are now focused on the leadership transition, execution of the Modern Oral growth strategy, and third-quarter results expected in early November. $BTI $UVV $IMBBY $PM $JAPAF $RLX $MO