Shares of Altria Group Inc. MO, -0.50% slipped 0.50% to $51.28 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +2.24% rising 2.24% to 4,357.86 and the Dow Jones Industrial Average DJIA, +1.55% rising 1.55% to 34,063.10. The stock’s fall snapped a two-day winning streak. Altria Group Inc. closed $2.56 short of its 52-week high ($53.84), which the company reached on March 3rd.
The stock underperformed when compared to some of its competitors Wednesday, as Philip Morris International Inc. PM, +1.20% rose 1.20% to $93.77, British American Tobacco PLC ADR BTI, +0.69% rose 0.69% to $40.69, and Imperial Brands PLC ADR IMBBY, +0.92% rose 0.92% to $20.87. Trading volume (10.7 M) eclipsed its 50-day average volume of 9.6 M.