Altria Group Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Altria Group Inc. (MO) inched 0.80% higher to $45.16 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. This was the stock's fourth consecutive day of gains. Altria Group Inc. closed $11.89 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 Tuesday, as Philip Morris International Inc. (PM) rose 0.27% to $97.16, British American Tobacco PLC ADR (BATS.LN) rose 0.76% to $39.98, and Imperial Brands PLC ADR (IMB.LN) rose 0.83% to $25.63. Trading volume (6.1 M) remained 3.5 million below its 50-day average volume of 9.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 17:09 ET (22:09 GMT)
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