Philip Morris International Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Philip Morris International Inc. (PM) slid 1.25% to $98.58 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.05% to 3,970.04 and Dow Jones Industrial Average falling 1.02% to 32,816.92. Philip Morris International Inc. closed $11.23 below its 52-week high ($109.81), which the company reached on May 25th.
The stock underperformed when compared to some of its competitors Friday, as Altria Group Inc. (MO) fell 0.72% to $47.17. Trading volume (3.6 M) remained 990,683 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2023.
(END) Dow Jones Newswires
February 24, 2023 17:19 ET (22:19 GMT)
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