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Shares of Altria Group Inc. (MO) inched 0.84% higher to $45.88 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.96% to 3,806.80 and the Dow Jones Industrial Average rising 1.31% to 32,827.00. This was the stock's third consecutive day of gains. Altria Group Inc. closed $11.17 short of its 52-week high ($57.05), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Monday, as Philip Morris International Inc. (PM) rose 1.02% to $90.90, British American Tobacco PLC ADR (BATS.LN) rose 0.86% to $38.76, and Imperial Brands PLC ADR (IMB.LN) rose 1.61% to $24.66. Trading volume (8.3 M) remained 1.2 million below its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2022.
(END) Dow Jones Newswires
November 07, 2022 17:09 ET (22:09 GMT)
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