Altria Group Inc. Stock Rises Thursday, Outperforms Market
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Shares of Altria Group Inc. (MO) inched 0.92% higher to $47.01 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.09% to 4,076.57 and Dow Jones Industrial Average falling 0.56% to 34,395.01. This was the stock's fourth consecutive day of gains. Altria Group Inc. closed $10.04 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 Thursday, as Philip Morris International Inc. (PM) rose 2.80% to $102.46. Trading volume (9.1 M) eclipsed its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 1, 2022.
(END) Dow Jones Newswires
December 01, 2022 17:19 ET (22:19 GMT)
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