Philip Morris International Inc. Stock Rises Thursday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Philip Morris International Inc. (PM) rallied 2.51% to $93.25 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. Philip Morris International Inc. closed $19.23 below its 52-week high ($112.48), which the company reached on February 18th.
The stock outperformed some of its competitors Thursday, as Altria Group Inc. (MO) fell 2.19% to $44.22, British American Tobacco PLC ADR (BATS.LN) rose 0.49% to $38.70, and Imperial Brands PLC ADR (IMB.LN) rose 0.78% to $24.69. Trading volume (5.4 M) eclipsed its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.
(END) Dow Jones Newswires
November 10, 2022 17:17 ET (22:17 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.