Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of paper and tobacco products company Schweitzer-Mauduit
So what: Why the swooning stock price? There's no news out on the company, so it's unlikely that it's fundamental issues. Schweitzer-Mauduit's stock, however, has a very low average trading volume, so if there are any larger institutional investors looking to reduce or eliminate their positions, it could create significant selling pressure.
Now what: Schweitzer-Mauduit's primary business is tobacco. Roughly 90% of its sales come from tobacco products, and the company counts Philip Morris International
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Fool contributor Matt Koppenheffer owns shares of Philip Morris International, but does not own shares of any of the other companies mentioned. You can check out what Matt is keeping an eye on by visiting his Motley Fool CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or on his RSS feed. The Fool's disclosure policy assures you no Wookiees were harmed in the making of this article.