The Latest Breaking News from Altria Group Inc

Shares of Tobacco giant Altria (MO), a significant stakeholder of Juul Labs, slid last week on the news of the FDA preparing to order removing e-cigarette maker Juul’s products from the U.S. market. However, MO rebounded the following day as investors did not foresee any significant impact of this development…

Altria Group Inc (NYSE: MO) is likely to be adversely impacted by lower cigarette volumes due to rising gas and food prices, according to Morgan Stanley.

Altria Group Inc's (NYSE:MO) short percent of float has risen 24.14% since its last report. The company recently reported that it has 19.54 million shares sold short, which is 1.08% of all regular shares that are available for trading.

Altria Group Inc's (NYSE:MO) short percent of float has risen 3.57% since its last report. The company recently reported that it has 15.76 million shares sold short, which is 0.87% of all regular shares that are available for trading.

Altria Group Inc's (NYSE:MO) short percent of float has risen 21.74% since its last report. The company recently reported that it has 15.28 million shares sold short, which is 0.84% of all regular shares that are available for trading.

Altria Group Inc's (NYSE:MO) short percent of float has risen 4.55% since its last report. The company recently reported that it has 12.68 million shares sold short, which is 0.69% of all regular shares that are available for trading.

Altria Group Inc (NYSE:MO) reported fourth-quarter FY21 revenues net of excise taxes of $5.09 billion, +0.6% year-on-year, beating the analyst consensus of $5 billion. Net revenues declined 0.8% to $6.26 billion. Revenue for smokeable products increased 2.3%, and oral tobacco products rose 4.8%. Gross profit climbed 5.4% Y/Y to $3.3 billion. The operating…