Altria Group Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Altria Group Inc. (MO) dropped 0.18% to $43.58 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. This was the stock's third consecutive day of losses. Altria Group Inc. closed $13.47 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 Wednesday, as Philip Morris International Inc. (PM) rose 0.04% to $94.71, British American Tobacco PLC ADR (BATS.LN) rose 1.01% to $38.89, and Imperial Brands PLC ADR (IMB.LN) rose 1.28% to $24.52. Trading volume (9.9 M) eclipsed its 50-day average volume of 9.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 17:09 ET (22:09 GMT)
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