Philip Morris International Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Philip Morris International Inc. (PM) rallied 1.80% to $104.30 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.10% to 34,429.88 and the S&P 500 Index falling 0.12% to 4,071.70. This was the stock's fourth consecutive day of gains. Philip Morris International Inc. closed $8.18 below its 52-week high ($112.48), which the company achieved on February 18th.
The stock outperformed some of its competitors Friday, as Altria Group Inc. (MO) rose 1.32% to $47.63. Trading volume (5.8 M) eclipsed its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2022.
(END) Dow Jones Newswires
December 02, 2022 17:29 ET (22:29 GMT)
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