Altria Group Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Altria Group Inc. (MO) dropped 0.31% to $45.02 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. The stock's fall snapped a four-day winning streak. Altria Group Inc. closed $12.03 short of its 52-week high ($57.05), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Philip Morris International Inc. (PM) rose 0.98% to $98.11, British American Tobacco PLC ADR (BATS.LN) rose 1.43% to $40.55, and Imperial Brands PLC ADR (IMB.LN) rose 2.62% to $25.71. Trading volume (5.2 M) remained 4.1 million below its 50-day average volume of 9.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 17:11 ET (22:11 GMT)
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