Philip Morris International Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Philip Morris International Inc. (PM) sank 0.62% to $95.70 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,002.87 and the Dow Jones Industrial Average rising 0.98% to 32,560.60. Philip Morris International Inc. closed $14.11 below its 52-week high ($109.81), which the company reached on May 25th.
The stock underperformed when compared to some of its competitors Tuesday, as Altria Group Inc. (MO) rose 0.28% to $46.20. Trading volume (4.0 M) remained 664,378 below its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2023.
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March 21, 2023 17:18 ET (21:18 GMT)
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