Altria Group (MO)
(Delayed Data from NYSE)
$50.39 USD
+0.16 (0.32%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $50.41 +0.02 (0.04%) 7:58 PM ET
2-Buy of 5 2
C Value F Growth C Momentum D VGM
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$50.39 USD
+0.16 (0.32%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $50.41 +0.02 (0.04%) 7:58 PM ET
2-Buy of 5 2
C Value F Growth C Momentum D VGM
Zacks News
Altria Group has been evolving with the changing industry dynamics. Given the rising health consciousness and stern government regulations to discourage smoking, this tobacco behemoth has been moving beyond traditional cigarettes and expanding in the smokeless category. We note that revenues from the oral product category have been steadily rising on the back of growing popularity for reduced risk products. In this respect, Altria is gaining from the sale of IQOS in United States, through its licensing deal with Phillip Morris. Further, Altria’s investment in Cronos Group highlights its focus on exploring the cannabis market.
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In the closing of the recent trading day, Altria (MO) stood at $50.63, denoting a +0.25% change from the preceding trading day.
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In the closing of the recent trading day, Altria (MO) stood at $53.17, denoting a -1.68% change from the preceding trading day.
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Altria (MO) Falls More Steeply Than Broader Market: What Investors Need to Know
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In the latest trading session, Altria (MO) closed at $54.27, marking a -0.8% move from the previous day.
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Altria's Focus on Smoke-Free Products Aids Amid Soft Cigarette Volumes
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Altria is benefiting from its shift toward smoke-free products. This, along with pricing power, is aiding MO amid low cigarette volumes.
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In the most recent trading session, Altria (MO) closed at $53.77, indicating a +0.77% shift from the previous trading day.
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Altria Rallies 15% in 3 Months: Should You Buy, Hold or Sell MO Stock?
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