Philip Morris International Inc. Stock Rises Tuesday, Outperforms Market

Citigroup Inc

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Financials : Banks | Large Cap Value

Company profile

Citigroup Inc. is a diversified financial services holding company. The Company provides a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. Its operating business segments include Institutional Clients Group (ICG), Personal Banking and Wealth Management (PBWM), Legacy Franchises and Corporate/Other. ICG segment consists of services, markets, and banking that provides corporate, institutional, and public sector clients with a range of wholesale banking products and services. The Company’s PBWM segment consists of United States (US) personal banking and global wealth management, providing traditional banking services and credit cards to retail and small business customers in the U.S. Its Legacy Franchises segment includes Asia consumer banking, Mexico consumer banking/Mexico small business and middle-market banking (SBMM) and legacy holdings assets.

Philip Morris International Inc. Stock Rises Tuesday, Outperforms Market

5:29 pm ET November 29, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Philip Morris International Inc. (PM) inched 0.16% higher to $97.79 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 33,852.53 and the S&P 500 Index falling 0.16% to 3,957.63. Philip Morris International Inc. closed $14.69 short of its 52-week high ($112.48), which the company achieved on February 18th.

The stock underperformed when compared to some of its competitors Tuesday, as Altria Group Inc. (MO) rose 1.48% to $45.82. Trading volume (2.8 M) remained 1.6 million below its 50-day average volume of 4.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2022.

(END) Dow Jones Newswires

November 29, 2022 17:29 ET (22:29 GMT)