Philip Morris International Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Philip Morris International Inc. (PM) slid 0.82% to $95.39 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.76% to 3,960.28 and the Dow Jones Industrial Average rising 1.17% to 32,246.55. This was the stock's sixth consecutive day of losses. Philip Morris International Inc. closed $14.42 short of its 52-week high ($109.81), which the company achieved on May 25th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Altria Group Inc. (MO) fell 1.49% to $46.17. Trading volume (7.2 M) eclipsed its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.
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March 16, 2023 17:18 ET (21:18 GMT)
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