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Altria Group, Inc. (NYSE: MO ) stock slid on Thursday after the company’s mixed quarterly results. Inflationary pressure and weaker discretionary spending pushed some smokers toward cheaper cigarette options, weighing on premium brands such as Marlboro. • Altria Group stock is taking a hit today. What’s pressuring MO s
Philip Morris International Inc. (NYSE: PM ) shares rose Wednesday after the tobacco company reported second-quarter 2026 results that beat Wall Street estimates on both earnings and revenue, driven by continued growth in its smoke-free products business. Adjusted diluted earnings per share increased to $2.20, topping
The U.S. Food and Drug Administration on Tuesday granted modified risk tobacco product (MRTP) orders to Philip Morris International Inc.’s (NYSE: PM ) subsidiary for 20 ZYN nicotine pouch products. The update allows the company to market them with claims that switching completely from cigarettes to the products lowers