Shares of Altria Group Inc. /zigman2/quotes/208895754/composite MO +0.99% slipped 0.07% to $44.42 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.08% falling 0.26% to 4,688.67 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.56% falling 0.58% to 35,931.05. This was the stock's second consecutive day of losses. Altria Group Inc. closed $8.17 short of its 52-week high ($52.59), which the company achieved on March 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Philip Morris International Inc. /zigman2/quotes/201611010/composite PM +1.25% rose 0.56% to $93.59, British American Tobacco PLC ADR /zigman2/quotes/210207837/composite BTI +1.82% rose 0.26% to $35.00, and Imperial Brands PLC ADR /zigman2/quotes/206232937/composite IMBBY +0.98% rose 0.33% to $21.43. Trading volume (7.7 M) eclipsed its 50-day average volume of 7.3 M.