DJ Philip Morris International Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Philip Morris International Inc. (PM) sank 0.54% to $125.94 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
This was the stock's second consecutive day of losses.
Philip Morris International Inc. closed $8.21 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 Monday, as Altria Group Inc. $(MO)$ fell 0.40% to $54.70.
Trading volume (5.3 M) eclipsed its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 16:36 ET (21:36 GMT)
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