Philip Morris International Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Philip Morris International Inc. (PM) rose 1.75% to $173.02, marking its third consecutive day of gains, despite a mixed trading session in the stock market. The S&P 500 Index increased by 0.03%, while the Dow Jones fell by 0.58%. PM's stock is currently 7.32% below its 52-week high of $186.69. Competitors like Altria Group Inc. and Universal Corp. saw smaller gains, while Mativ Holdings Inc. experienced a decline. Trading volume was slightly below its 50-day average.
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