Philip Morris International Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Philip Morris International Inc. (PM) inched 0.64% higher to $96.90 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's fifth consecutive day of gains. Philip Morris International Inc. closed $15.58 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 Monday, as Altria Group Inc. (MO) rose 1.36% to $44.80, British American Tobacco PLC ADR (BATS.LN) rose 0.33% to $39.68, and Imperial Brands PLC ADR (IMB.LN) rose 0.43% to $25.42. Trading volume (3.3 M) remained 1.4 million below its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 17:17 ET (22:17 GMT)
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