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Shares of Philip Morris International Inc. (PM) sank 0.57% to $93.93 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.89% to 3,957.25 and Dow Jones Industrial Average falling 0.63% to 33,536.70. The stock's fall snapped a two-day winning streak. Philip Morris International Inc. closed $18.55 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) fell 0.95% to $43.96, British American Tobacco PLC ADR (BATS.LN) rose 0.31% to $38.31, and Imperial Brands PLC ADR (IMB.LN) rose 0.94% to $24.09. Trading volume (5.7 M) eclipsed its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2022.
(END) Dow Jones Newswires
November 14, 2022 17:17 ET (22:17 GMT)
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