Philip Morris International Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Philip Morris International Inc. (PM) rallied 1.32% to $103.71 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.14% to 4,137.29 and the Dow Jones Industrial Average rising 1.11% to 34,245.93. This was the stock's third consecutive day of gains. Philip Morris International Inc. closed $8.77 below its 52-week high ($112.48), which the company achieved on February 18th.
The stock outperformed some of its competitors Monday, as Altria Group Inc. (MO) rose 1.29% to $47.85. Trading volume (3.8 M) remained 1.4 million below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 13, 2023.
(END) Dow Jones Newswires
February 13, 2023 17:18 ET (22:18 GMT)
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