Philip Morris International Inc. Stock Rises Friday, Outperforms Market
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Shares of Philip Morris International Inc. (PM) rose 3.34% to $92.53 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.46% to 3,901.06 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. Philip Morris International Inc. closed $19.95 short of its 52-week high ($112.48), which the company reached on February 18th.
The stock outperformed some of its competitors Friday, as Altria Group Inc. (MO) rose 1.96% to $46.31, British American Tobacco PLC ADR (BATS.LN) rose 1.12% to $39.81, and Imperial Brands PLC ADR (IMB.LN) rose 1.67% to $24.89. Trading volume (4.3 M) remained 126,718 below its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2022.
(END) Dow Jones Newswires
October 28, 2022 17:17 ET (21:17 GMT)
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