Altria Group Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Altria Group Inc. (MO) inched 0.21% higher to $43.67 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.31% to 3,946.56 and Dow Jones Industrial Average falling 0.02% to 33,546.32. The stock's rise snapped a three-day losing streak. Altria Group Inc. closed $13.38 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 0.48% to $95.16, British American Tobacco PLC ADR (BATS.LN) rose 1.03% to $39.29, and Imperial Brands PLC ADR (IMB.LN) rose 2.53% to $25.14. Trading volume (7.8 M) remained 1.8 million below its 50-day average volume of 9.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2022.
(END) Dow Jones Newswires
November 17, 2022 17:09 ET (22:09 GMT)
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