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Shares of Philip Morris International Inc. (PM) rose 2.80% to $102.46 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.09% to 4,076.57 and Dow Jones Industrial Average falling 0.56% to 34,395.01. This was the stock's third consecutive day of gains. Philip Morris International Inc. closed $10.02 below its 52-week high ($112.48), which the company achieved on February 18th.
The stock outperformed some of its competitors Thursday, as Altria Group Inc. (MO) rose 0.92% to $47.01. Trading volume (7.8 M) eclipsed its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 1, 2022.
(END) Dow Jones Newswires
December 01, 2022 17:29 ET (22:29 GMT)
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