Why Altria Stock Is Falling Today
Altria(MO) The Motley Fool·2024-07-31 17:56
Should investors treat sell-offs on this high-yield dividend stock as a buying opportunity?The stock of Altria (MO -2.99%) 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 S&P Global Market Intelligence.Before the market opened this morning, Altria published second-quarter results that fell short of the market's expectations. The business posted adjusted earnings of $1.31 per share on sales of ...