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Stock impact report

Altria Faces New Antitrust Classes As Juul Ties Revisit Valuation [Yahoo! Finance]

Altria Group, Inc. (MO) 
Last altria group, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: altria.com/investors
Company Research Source: Yahoo! Finance
A federal court has certified multiple consumer antitrust class actions against Altria Group and Juul Labs related to Juul pod pricing in the e vapor market. The lawsuit alleges the companies conspired to restrain competition and raise prices for Juul pods across broad consumer groups. Class certification increases legal exposure for Altria Group, with many states and consumer populations now included. For investors watching Altria Group (NYSE:MO), this legal development comes as the stock trades around $64.47, with a value score of 4 and a return of 12.5% year to date. Over the past year, the share price return is 19.9%, and over 3 and 5 years the returns are 82.3% and 78.2% respectively. The newly certified antitrust classes bring fresh attention to Altria Group's history in the e vapor category and its past relationship with Juul Labs. Readers may want to monitor how the company addresses these claims, any settlement discussions, and whether this litigation influences futu Show less Read more
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