Philip Morris International Inc. Stock Rises Thursday, Outperforms Market
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Shares of Philip Morris International Inc. (PM) inched 0.48% higher to $95.16 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.31% to 3,946.56 and Dow Jones Industrial Average falling 0.02% to 33,546.32. This was the stock's third consecutive day of gains. Philip Morris International Inc. closed $17.32 below 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 Thursday, as Altria Group Inc. (MO) rose 0.21% to $43.67, British American Tobacco PLC ADR (BATS.LN) rose 1.03% to $39.29, and Imperial Brands PLC ADR (IMB.LN) rose 2.53% to $25.14. Trading volume (2.8 M) remained 1.9 million below its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2022.
(END) Dow Jones Newswires
November 17, 2022 17:17 ET (22:17 GMT)
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