Altria Group Inc. Stock Falls Thursday, Underperforms Market
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Shares of Altria Group Inc. (MO) shed 1.92% to $45.42 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.61% to 32,033.28 and the S&P 500 Index falling 0.61% to 3,807.30. The stock's fall snapped a four-day winning streak. Altria Group Inc. closed $11.63 below its 52-week high ($57.05), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Thursday, as Philip Morris International Inc. (PM) fell 0.04% to $89.54, British American Tobacco PLC ADR (BATS.LN) fell 0.53% to $39.37, and Imperial Brands PLC ADR (IMB.LN) fell 1.09% to $24.48. Trading volume (11.3 M) eclipsed its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2022.
(END) Dow Jones Newswires
October 27, 2022 17:10 ET (21:10 GMT)
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