DJ Philip Morris International Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Philip Morris International Inc. (PM) shed 1.22% to $123.78 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.74% to 5,973.10 and the Dow Jones Industrial Average remaining mostly unchanged at 43,729.34.
This was the stock's second consecutive day of losses.
Philip Morris International Inc. closed $10.37 short of its 52-week high ($134.15), which the company achieved on October 31st.
Despite its losses, the stock outperformed some of its competitors Thursday, as Altria Group Inc. $(MO)$ fell 1.38% to $53.54.
Trading volume (10.4 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2024.
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(END) Dow Jones Newswires
November 07, 2024 16:37 ET (21:37 GMT)
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