Philip Morris International Inc. Stock Falls Tuesday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Philip Morris International Inc. (PM) shed 1.93% to $101.71 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.03% to 4,136.13 and Dow Jones Industrial Average falling 0.46% to 34,089.27. The stock's fall snapped a three-day winning streak. Philip Morris International Inc. closed $10.77 below its 52-week high ($112.48), which the company reached on February 18th.
The stock underperformed when compared to some of its competitors Tuesday, as Altria Group Inc. (MO) fell 0.92% to $47.41. Trading volume (3.3 M) remained 1.9 million below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 14, 2023.
(END) Dow Jones Newswires
February 14, 2023 17:19 ET (22:19 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.