Altria Group Inc. Stock Underperforms Tuesday When Compared To Competitors

McDonald's Corp

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Consumer Discretionary : Hotels, Restaurants & Leisure | Large Cap Blend

Company profile

McDonald's Corporation (McDonald's) operates and franchises McDonald's restaurants. The Company's restaurants serve a locally relevant menu of food and beverages. Its restaurants are owned and operated by independent local business owners. The Company's segments include United States (U.S.), International Operated Markets (IOM) and International Developmental Licensed Markets & Corporate (IDL). The U.S. segment focuses on Company's menu and offerings, as well as delivery and digital platforms. Its IOM segment includes its operations in markets, such as Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the United Kingdom. Its IDL segment includes its operations in markets, such as Latin America and Asia. Its digital offerings include drive thru, takeaway, delivery, curbside pick-up, and dine-in. Its menu includes hamburgers and cheeseburgers, Big Mac, Quarter Pounder with Cheese, Filet-O-Fish, wraps, shakes, soft drinks, coffee, McCafe beverages and other beverages.

Altria Group Inc. Stock Underperforms Tuesday When Compared To Competitors

5:10 pm ET November 1, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Altria Group Inc. (MO) slipped 0.28% to $46.14 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.41% to 3,856.10 and Dow Jones Industrial Average falling 0.24% to 32,653.20. This was the stock's second consecutive day of losses. Altria Group Inc. closed $10.91 below its 52-week high ($57.05), which the company reached on April 21st.

The stock underperformed when compared to some of its competitors Tuesday, as Philip Morris International Inc. (PM) fell 0.14% to $91.72, British American Tobacco PLC ADR (BATS.LN) rose 0.18% to $39.69, and Imperial Brands PLC ADR (IMB.LN) rose 0.08% to $24.50. Trading volume (4.9 M) remained 4.6 million below its 50-day average volume of 9.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2022.

(END) Dow Jones Newswires

November 01, 2022 17:10 ET (21:10 GMT)