Recent news within the market indicate a myriad of developments around the **Altria Group Inc. (MO)**. The tobacco powerhouse has seen a fluctuation in stock performance, observing both gains and underperformance as compared to rivals. Pertinent activities involving the company include **Astoria Portfolio Advisors** and **Financial Management Professionals Inc.** reducing their holdings, while entities like **Capital Asset Advisory Services**, **Calton & Associates Inc.** and **Wealth Enhancement Advisory Services LLC** have increased their stake. The company's submitted a pivotal request for **FDA approval of new nicotine pouches**, hinting to future trajectory. Earnings have been a myriad of hits and misses, with the Q1 2024 EPS meeting estimates despite a slight dip in revenue. Lastly, institutions bewilderingly trust the company, with **62% of it** purportedly held by institutional owners.
Altria Group MO News Analytics from Tue, 02 Jan 2024 08:00:00 GMT to Sun, 30 Jun 2024 11:49:45 GMT -
Rating 4
- Innovation -2
- Rumor -6
