Altria Group Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Altria Group Inc. (MO) inched 0.04% higher to $45.90 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,828.11 and the Dow Jones Industrial Average rising 1.02% to 33,160.83. This was the stock's fourth consecutive day of gains. Altria Group Inc. closed $11.15 below its 52-week high ($57.05), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Tuesday, as Philip Morris International Inc. (PM) rose 1.76% to $92.50, British American Tobacco PLC ADR (BATS.LN) rose 0.57% to $38.98, and Imperial Brands PLC ADR (IMB.LN) rose 1.05% to $24.92. Trading volume (6.9 M) remained 2.6 million below its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2022.
(END) Dow Jones Newswires
November 08, 2022 17:09 ET (22:09 GMT)
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