Philip Morris International Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Philip Morris International Inc. (PM) dropped 0.59% to $101.11 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,147.60 and the Dow Jones Industrial Average rising 0.11% to 34,128.05. This was the stock's second consecutive day of losses. Philip Morris International Inc. closed $11.37 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 Wednesday, as Altria Group Inc. (MO) rose 0.51% to $47.65. Trading volume (3.0 M) remained 2.1 million below its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 15, 2023.
(END) Dow Jones Newswires
February 15, 2023 17:19 ET (22:19 GMT)
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