On Tuesday, shares of Altria Group Inc. (MO) experienced a decline of 0.67%, reaching a price of $43.06. This decline was part of a generally grim trading session for the stock market, as both the S&P 500 Index (SPX) and the Dow Jones Industrial Average (DJIA) also fell by 0.22% and 0.31% respectively. This marks the fifth consecutive day of losses for Altria Group Inc.
Altria Group Inc. closed $5.05 below its 52-week high of $48.11, which it reached on February 17th. In comparison to some of its competitors, the stock underperformed on Tuesday, as Philip Morris International Inc. (PM) rose by 0.37% to $97.32. The trading volume for Altria Group Inc. reached 8.8 million, surpassing its 50-day average volume of 7.6 million.
This article was generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet.
Definitions:
- S&P 500 Index (SPX): A stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States.
- Dow Jones Industrial Average (DJIA): A stock market index that measures the stock performance of 30 large, publicly owned companies in the United States.
- Philip Morris International Inc. (PM): A multinational cigarette and tobacco manufacturing company.
Sources: Dow Jones, FactSet
