Shares of Altria Group, the maker of Marlboro cigarettes, were rising after a better-than-expected earnings report and an upbeat 2022 outlook. But the company said it doesn’t expect its heat-not-burn IQOS cigarettes to be back in stores this year.
Altria stock (ticker: MO) was up 1.8%, at $50.36, in recent trading. The S&P 500 was down 0.6%. Shares have risen 6.4% year to date, while the S&P is down 9.2%.
Altria…