Philip Morris International Inc. Stock Outperforms Market On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Philip Morris International Inc. (PM) inched 0.22% higher to $97.51 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.02% to 32,661.84 and the S&P 500 Index falling 0.47% to 3,951.39. The stock's rise snapped a three-day losing streak. Philip Morris International Inc. closed $12.30 short of its 52-week high ($109.81), which the company reached on May 25th.
The stock outperformed some of its competitors Wednesday, as Altria Group Inc. (MO) fell 0.60% to $46.15. Trading volume (4.2 M) remained 93,761 below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 1, 2023.
(END) Dow Jones Newswires
March 01, 2023 17:19 ET (22:19 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.