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Tobacco giant Altria Group (NYSE: MO), a traditionally slow and stodgy stock, saw its share price soar nearly 30% in 2024, and that increase doesn't include the stock's legendary, high-yield ...
The stock of Altria (NYSE: MO) was losing ground Wednesday following the tobacco company's recent quarterly report. Its share price was down 4.3% as of 12:30 p.m. ET today, according to data from ...
The company doesn't produce enough share price growth to keep up with the broader market. In fact, the stock has only appreciated 11% over the past 10 years, compared to the S&P 500's 183% gain.
Altria Group (NYSE: MO) has emerged as a surprising stock market winner in 2024, propelled by an impressive earnings rebound. There's a lot for investors to like about this tobacco giant ...
Its share of the retail cigarette market shrank from 50.9% to 45.9%. Altria's core business is still shrinking and the company is gradually running out of room to raise cigarette prices and cut costs.
As for Altria's business, it happens to own the largest high-end brand in the market on which it is focused. That brand is Marlboro, which has a nearly 42% market share in North America, which is ...
Altria (NYSE: MO) and Costco (NASDAQ: COST) are pretty different companies, but they share a subtle similarity. What does Altria do? Altria's biggest business is selling high-end cigarettes under ...
The market was clearly impressed how management is coping with the company's challenging situation.