DJ Philip Morris International Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Philip Morris International Inc. (PM) rose 1.02% to $89.50 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.17% to 37,798.97 and the S&P 500 Index falling 0.21% to 5,051.41.
The stock's rise snapped a four-day losing streak.
Philip Morris International Inc. closed $12.42 short of its 52-week high ($101.92), which the company reached on April 19th.
The stock outperformed some of its competitors Tuesday, as Altria Group Inc. $(MO)$ fell 0.49% to $40.75.
Trading volume (4.6 M) remained 1.2 million below its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2024.
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(END) Dow Jones Newswires
April 16, 2024 16:39 ET (20:39 GMT)
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