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Shares of Philip Morris International Inc. (PM) slid 1.79% to $101.63 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.44% to 3,941.26 and Dow Jones Industrial Average falling 1.03% to 33,596.34. This was the stock's second consecutive day of losses. Philip Morris International Inc. closed $10.85 below its 52-week high ($112.48), which the company reached on February 18th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Altria Group Inc. (MO) fell 2.08% to $46.21. Trading volume (7.2 M) eclipsed its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 2022.
(END) Dow Jones Newswires
December 06, 2022 17:30 ET (22:30 GMT)
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