Altria Group Inc. Stock Slips 9.3%, Underperforms Peers

Dow Jones07-31

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Altria Group Inc. slipped 9.3% to $67.94 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.7% to 7,437.63 and the Dow Jones Industrial Average rising 1.2% to 52,208.06.

The stock's fall snapped a two-day winning streak.

Altria Group Inc. closed 11.8% short of its 52-week high of $77.06, which the company reached on July 28th.

The stock underperformed when compared to some of its peers, as Philip Morris International Inc. fell 3.2% to $192.00, Universal Corp. fell 2.8% to $53.27, and Mativ Holdings Inc. fell 1.50% to $8.56.

Trading volume totaled 20.4 million, compared to the 50-day average of 7.8 million.

Data source: Dow Jones Market Data, FactSet

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