British American Tobacco Stock – Altria Group Inc. stock outperforms market on strong trading day
Shares of Altria Group Inc.
rallied 1.45% to $50.49 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.08% to 4,226.52 and Dow Jones Industrial Average
falling 0.36% to 34,630.24. Altria Group Inc. closed $2.10 short of its 52-week high ($52.59), which the company achieved on March 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Philip Morris International Inc.
rose 0.67% to $98.56, British American Tobacco PLC ADR
rose 2.25% to $39.93, and Imperial Brands PLC ADR
rose 1.22% to $23.31. Trading volume (6.3 M) remained 2.6 million below its 50-day average volume of 8.9 M.