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Shares of Altria Group Inc. (MO) slipped 2.19% to $44.22 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. This was the stock's second consecutive day of losses. Altria Group Inc. closed $12.83 below its 52-week high ($57.05), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Thursday, as Philip Morris International Inc. (PM) rose 2.51% to $93.25, British American Tobacco PLC ADR (BATS.LN) rose 0.49% to $38.70, and Imperial Brands PLC ADR (IMB.LN) rose 0.78% to $24.69. Trading volume (12.3 M) eclipsed its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.
(END) Dow Jones Newswires
November 10, 2022 17:09 ET (22:09 GMT)
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