Philip Morris International Inc. Stock Rises Friday, Outperforms Market
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Shares of Philip Morris International Inc. (PM) rose 1.31% to $94.47 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.92% to 3,992.93 and the Dow Jones Industrial Average rising 0.10% to 33,747.86. This was the stock's second consecutive day of gains. Philip Morris International Inc. closed $18.01 below 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 0.36% to $44.38, British American Tobacco PLC ADR (BATS.LN) fell 1.32% to $38.19, and Imperial Brands PLC ADR (IMB.LN) fell 3.32% to $23.87. Trading volume (4.0 M) remained 621,334 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2022.
(END) Dow Jones Newswires
November 11, 2022 17:17 ET (22:17 GMT)
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