Altria Group Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Altria Group Inc. (MO) inched 0.36% higher to $44.38 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.92% to 3,992.93 and the Dow Jones Industrial Average rising 0.10% to 33,747.86. The stock's rise snapped a two-day losing streak. Altria Group Inc. closed $12.67 short of its 52-week high ($57.05), which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Philip Morris International Inc. (PM) rose 1.31% to $94.47, British American Tobacco PLC ADR (BATS.LN) fell 1.32% to $38.19, and Imperial Brands PLC ADR (IMB.LN) fell 3.32% to $23.87. Trading volume (9.8 M) eclipsed its 50-day average volume of 9.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2022.
(END) Dow Jones Newswires
November 11, 2022 17:09 ET (22:09 GMT)
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