Philip Morris International Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Philip Morris International Inc. (PM) dropped 0.80% to $100.30 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.38% to 4,090.41 and Dow Jones Industrial Average falling 1.26% to 33,696.85. This was the stock's third consecutive day of losses. Philip Morris International Inc. closed $12.18 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) fell 0.52% to $47.40. Trading volume (2.9 M) remained 2.1 million below its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 16, 2023.
(END) Dow Jones Newswires
February 16, 2023 17:18 ET (22:18 GMT)
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