Philip Morris International Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Philip Morris International Inc. (PM) inched 0.18% higher to $102.06 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.75% to 3,963.51 and the Dow Jones Industrial Average rising 0.55% to 33,781.48. This was the stock's second consecutive day of gains. Philip Morris International Inc. closed $10.42 below its 52-week high ($112.48), which the company achieved on February 18th.
The stock underperformed when compared to some of its competitors Thursday, as Altria Group Inc. (MO) rose 1.06% to $46.86. Trading volume (5.1 M) eclipsed its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 8, 2022.
(END) Dow Jones Newswires
December 08, 2022 17:30 ET (22:30 GMT)
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