Altria Investors Just Got Some Bullish News [Yahoo! Finance]
Altria Group, Inc. (MO)
Last altria group, inc. earnings: 4/30 07:00 am
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Source: Yahoo! Finance
Yet Altria just got the green light from federal regulators to commercialize an apparently less harmful alternative to traditional cigarettes. There's certainly no guarantee that the cigarette-replacement product will gain traction among consumers, but at least there might be some benefit for smokers and for Altria's public image. Bullish news It's definitely bullish news for Altria that the company just received Food and Drug Administration (FDA) authorization for the marketing of four menthol-flavored e-vapor products. It now has the only FDA-authorized menthol e-vapor products on the market. The four products are all under Altria's NJOY brand: Ace Pod Menthol 2.4%, AceE Pod Menthol 5%, Daily Menthol 4.5%, and Daily Extra Menthol 6%. NJOY isn't a brand-new product line; its distribution spanned more than 80,000 stores in 2024's first quarter. Without delving too far into the science of e-vaping/e-cigarettes, they're basically a mechanism allowing the user to inhale a nicoti
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News
- High-Yield Altria Stock Rose With the Market in the First Half of 2024, but Don't Get Too Excited for the Rest of the Year [Yahoo! Finance]Yahoo! Finance
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- A Bull Market Is Here: 2 Brilliant Stocks Down 41% and 51% to Buy Right Now [Yahoo! Finance]Yahoo! Finance
MO
Earnings
- 4/25/24 - In-Line
MO
Sec Filings
- 7/2/24 - Form 4
- 6/7/24 - Form 11-K
- 6/7/24 - Form 11-K
- MO's page on the SEC website