Philip Morris International Inc. Stock Rises Monday, Outperforms Market
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Shares of Philip Morris International Inc. (PM) inched 0.91% higher to $100.10 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.07% to 4,048.42 and the Dow Jones Industrial Average rising 0.12% to 33,431.44. This was the stock's fourth consecutive day of gains. Philip Morris International Inc. closed $9.71 short of its 52-week high ($109.81), which the company reached on May 25th.
The stock underperformed when compared to some of its competitors Monday, as Altria Group Inc. (MO) rose 1.42% to $47.19. Trading volume (3.4 M) remained 712,307 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2023.
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March 06, 2023 17:19 ET (22:19 GMT)
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