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Why Altria Stock Lost 15% Last Month

TheMotleyFool

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Shares of Altria (NYSE: MO) were sliding last month as the company's investment in Juul Labs continued to come under pressure and as the stock fell at the end of the month on the coronavirus-related sell-off.

According to data from S&P Global Market Intelligence, the parent company of Marlboro-maker Philip Morris USA finished February down 15%. As you can see from the chart below, the stock underperformed the S&P 500 for the duration of the month, though the gap narrowed over the last week.