Altria Group Touches $27, Bounces Off (MO)

Altria Group, Inc. MO shares touched $27.00 a few minutes ago, and have since bounced off that level, as shares of the maker of Marlboro cigarettes continue to rise to new highs. $27.00 is a new 52 week high for the stock, and this is being seen in other cigarette names, such as Lorillard LO, Reynolds American RAI and others. At last check, shares of Altria Group were up 23 cents to $26.88, a gain of .86% on 6.5 million shares.