Philip Morris International Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Philip Morris International Inc. (PM) sank 0.79% to $98.96 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.85% to 3,918.32 and Dow Jones Industrial Average falling 1.66% to 32,254.86. Philip Morris International Inc. closed $10.85 below its 52-week high ($109.81), which the company achieved on May 25th.
The stock underperformed when compared to some of its competitors Thursday, as Altria Group Inc. (MO) fell 0.13% to $46.74. Trading volume (3.8 M) remained 276,839 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 9, 2023.
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March 09, 2023 17:19 ET (22:19 GMT)
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