Philip Morris International Inc. Stock Rises Monday, Outperforms Market
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Shares of Philip Morris International Inc. (PM) rose 1.02% to $90.90 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.96% to 3,806.80 and the Dow Jones Industrial Average rising 1.31% to 32,827.00. This was the stock's second consecutive day of gains. Philip Morris International Inc. closed $21.58 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 Monday, as Altria Group Inc. (MO) rose 0.84% to $45.88, British American Tobacco PLC ADR (BATS.LN) rose 0.86% to $38.76, and Imperial Brands PLC ADR (IMB.LN) rose 1.61% to $24.66. Trading volume (5.1 M) eclipsed its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2022.
(END) Dow Jones Newswires
November 07, 2022 17:18 ET (22:18 GMT)
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