Altria Implodes After Stupid Investors Senselessly Dump MO Stock

By CCN: The once invulnerable tobacco powerhouse, Altria, saw its stock get clobbered on Thursday after it reported disastrous earnings. Cigarette sales have plummeted and taken Altria stock down with it, as consumers move towards e-cigarettes, vaping, and cannabis. The company has made strategic investments in the alternative products in an effort to fire up revenues. Altria Suffers Troubling Decline in Cigarette Sales In the first quarter, Altria posted a diluted earnings per share number of $