MO Jan 2025 50.000 call
| Previous Close | 0.3400 |
| Open | 0.4000 |
| Bid | 0.3600 |
| Ask | 0.4100 |
| Strike | 50.00 |
| Expire Date | 2025-01-17 |
| Day's Range | 0.4000 - 0.4000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 4.26k |
- Yahoo Finance Video
Stocks open lower on US GDP print, tech earnings
The major stock market averages (^DJI, ^IXIC, ^GSPC) are opening Thursday lower on the first-quarter GDP print and Big Tech stocks earnings results. The Morning Brief's Seana Smith and Brad Smith monitor the market action after the opening bell, while Senior Markets Reporter Jared Blikre takes a closer look at these stocks' performance entering the morning session: Altria Group (MO), Caterpillar (CAT), and Southwest Airlines (LUV). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
GuruFocus.comAltria Group Inc (MO) Q1 2024 Earnings: Adjusted EPS Meets Estimates, Revenue Declines Slightly
Altria Reaffirms Full-Year Guidance Amidst Mixed Financial Performance
ReutersAltria tops first quarter sales on higher pricing, robust demand for smokeless alternatives
Like other tobacco giants, Altria has been revamping its portfolio of products to keep up with consumers switching from traditional tobacco products to vapes or other alternatives and as inflation-hit smokers switched to cheaper brands. The company's net revenue came in at $5.58 billion in the first quarter, topping analyst expectations of $4.71 billion, while profit on an adjusted basis came in line with expectations. Last year, Altria launched a lower-priced version of its flagship Marlboro brand and finalized its acquisition of e-cigarette startup NJOY Holdings, expanding its portfolio to include pod-based vapes.
