Philip Morris International Inc. Stock Rises Friday, Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Philip Morris International Inc. (PM) rose 1.86% to $89.98 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.36% to 3,770.55 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. The stock's rise snapped a four-day losing streak. Philip Morris International Inc. closed $22.50 short of its 52-week high ($112.48), which the company achieved on February 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Altria Group Inc. (MO) rose 1.31% to $45.50, British American Tobacco PLC ADR (BATS.LN) rose 2.18% to $38.43, and Imperial Brands PLC ADR (IMB.LN) rose 3.19% to $24.27. Trading volume (3.0 M) remained 1.5 million below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.
(END) Dow Jones Newswires
November 04, 2022 17:18 ET (21:18 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.