DJ Philip Morris International Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Philip Morris International Inc. (PM) slipped 1.91% to $122.17 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
This was the stock's second consecutive day of losses.
Philip Morris International Inc. closed $11.98 short of its 52-week high ($134.15), which the company reached on October 31st.
The stock underperformed when compared to some of its competitors Thursday, as Altria Group Inc. $(MO)$ fell 0.49% to $52.99.
Trading volume (6.6 M) eclipsed its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 16:37 ET (21:37 GMT)
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