Philip Morris International Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Philip Morris International Inc. (PM) shed 0.63% to $94.79 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,916.64 and Dow Jones Industrial Average falling 1.19% to 31,861.98. This was the stock's seventh consecutive day of losses. Philip Morris International Inc. closed $15.02 below its 52-week high ($109.81), which the company achieved on May 25th.
Despite its losses, the stock outperformed some of its competitors Friday, as Altria Group Inc. (MO) fell 1.84% to $45.32. Trading volume (18.8 M) eclipsed its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.
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March 17, 2023 17:18 ET (21:18 GMT)
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