Philip Morris International Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Philip Morris International Inc. (PM) slipped 0.85% to $99.25 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.53% to 3,986.37 and Dow Jones Industrial Average falling 1.72% to 32,856.46. The stock's fall snapped a four-day winning streak. Philip Morris International Inc. closed $10.56 below its 52-week high ($109.81), which the company achieved on May 25th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Altria Group Inc. (MO) fell 1.36% to $46.55. Trading volume (3.7 M) remained 399,438 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2023.
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March 07, 2023 17:19 ET (22:19 GMT)
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