Published on 2 Feb 2023 on Market Watch
Altria Group Inc. stock outperforms competitors despite losses on the day
Shares of Altria Group Inc. shed 1.20% to $46.97 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 1.47% to 4,179.76 and the Dow Jones Industrial Average falling 0.11% to 34,053.94. The stock's fall snapped a three-day winning streak. Altria Group Inc. closed $10.08 short of its 52-week high ($57.05), which the company achieved on April 21st.
Despite its losses, the stock outperformed some of its competitors Thursday, as Philip Morris International Inc. fell 1.78% to $103.51. Trading volume (9.9 M) eclipsed its 50-day average volume of 7.7 M.