DJ Philip Morris International Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Philip Morris International Inc. (PM) inched 0.82% higher to $125.24 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,985.38 and the Dow Jones Industrial Average rising 0.11% to 43,958.19.
The stock's rise snapped a two-day losing streak.
Philip Morris International Inc. closed $8.91 below its 52-week high ($134.15), which the company reached on October 31st.
The stock underperformed when compared to some of its competitors Wednesday, as Altria Group Inc. $(MO)$ rose 1.49% to $55.25.
Trading volume (4.7 M) remained 1.0 million below its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 16:37 ET (21:37 GMT)
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