Previous close | 3.3800 |
Open | 3.4500 |
Bid | 3.3500 |
Ask | 3.4500 |
Strike | 45.00 |
Expiry date | 2024-01-19 |
Day's range | 3.3500 - 3.4500 |
Contract range | N/A |
Volume | |
Open interest | 9.14k |
Tobacco giant Altria Group (NYSE: MO) recently reported full-year 2022 earnings that gave the stock's share price a jolt. Altria has been a troubled stock in recent years -- its highly public investment in Juul Labs wasted billions in capital, and worries have persisted about how inflation might impact its customers' spending habits. Altria's earnings showed that its core tobacco business is running like clockwork.
Altria's Q4 2022 earnings highlight one of the biggest problems this cigarette maker faces over the long term.