What's Going On With Altria Group Stock On Thursday? - Altria Group (NYSE:MO)

Why Altria Stock Popped Today

Key PointsPrice hikes drove Altria's profits higher in the first quarter.The dividend dynamo offers investors a hefty yield.10 stocks we like better than Altria Group › Shares of Altria Group (NYSE: MO) climbed on Thursday after the tobacco titan's profits surpassed investors' expectations. Image source: Getty Images.Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispe…

What's Going On With Altria Group Stock On Thursday? - Altria Group (NYSE:MO)

Altria Group, Inc. (NYSE:MO) shares are trading higher on Thursday as the firm lit up the first quarter with strong pricing power and steady demand in its core smokeable business. Marlboro’s grip on the premium segment held firm, even as shifting nicotine trends and macro pressure linger. • Altria Group stock is at critical resistance. What’s driving MO to record levels? Quarterly Details The company reported first-quarter adjusted earnings per …

Altria Stock Jumps 7% After Marlboro Maker Beats Q1 Forecasts on Price Hikes

Altria posted adjusted earnings of $1.32 per share and net revenues of $5.43 billion for the quarter, beating analyst estimates. Higher prices offset falling cigarette volumes, with domestic shipments down 2.4%. Shares rose about 7% in late-morning trading. CEO Billy Gifford is set to step down in mid-May. The post Altria Stock Jumps 7% After Marlboro Maker Beats Q1 Forecasts on Price Hikes appeared first on TechStock².