The Latest Breaking News from Altria Group

Altria Group Inc (NYSE: MO) shares are trading lower Wednesday following reports the U.S. Food and Drug Administration is preparing to remove Juul e-cigarettes from the U.S. market.

Pandemic-led rise in demand for smoking products and growing health concerns have incentivized tobacco companies to invent low-risk tobacco products, which should drive the industry’s growth. Moreover, being a part of the consumer defensive industry, tobacco manufacturers Altria Group (MO) and Philip Morris (PM) should witness significant investors’ attention amid…

Altria Group's (NYSE:MO) short percent of float has fallen 7.48% since its last report. The company recently reported that it has 17.92 million shares sold short, which is 0.99% of all regular shares that are available for trading.

Someone with a lot of money to spend has taken a bullish stance on Altria Group (NYSE:MO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

A whale with a lot of money to spend has taken a noticeably bearish stance on Altria Group. Looking at options history for Altria Group (NYSE:MO) we detected 20 strange trades.

Altria Group Inc (NYSE: MO) shares are trading lower Wednesday following bearish analyst coverage from Morgan Stanley.

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 (NYSE:MO) has observed the following analyst ratings within the last quarter:

Upgrades

Despite volatile market conditions owing to inflation, interest rate hikes, and reduced growth estimates, the S&P 500 index has managed to deliver marginal gains over the past month. As market uncertainties appear here to stay, we think it could be safe and wise to bet on the dividend stocks of…

Altria Group's (NYSE:MO) short percent of float has risen 24.66% since its last report. The company recently reported that it has 16.47 million shares sold short, which is 0.91% of all regular shares that are available for trading.