Philip Morris International Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Philip Morris International Inc. (PM) inched 0.33% higher to $102.36 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.22% to 4,090.46 and the Dow Jones Industrial Average rising 0.50% to 33,869.27. This was the stock's second consecutive day of gains. Philip Morris International Inc. closed $10.12 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 Friday, as Altria Group Inc. (MO) rose 1.96% to $47.24. Trading volume (3.7 M) remained 1.5 million below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 10, 2023.
(END) Dow Jones Newswires
February 10, 2023 17:18 ET (22:18 GMT)
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