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Shares of Philip Morris International Inc. (PM) dropped 0.63% to $97.63 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. The stock's fall snapped an eight-day winning streak. Philip Morris International Inc. closed $14.85 below its 52-week high ($112.48), which the company achieved on February 18th.
The stock underperformed when compared to some of its competitors Monday, as Altria Group Inc. (MO) rose 0.92% to $45.15. Trading volume (3.6 M) remained 988,384 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 17:29 ET (22:29 GMT)
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