British American Tobacco Stock – Philip Morris International Inc. stock falls Wednesday, underperforms market
Shares of Philip Morris International Inc.
PM,
slumped 0.22% to $97.31 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.19% to 4,195.99 and the Dow Jones Industrial Average
DJIA,
rising 0.03% to 34,323.05. This was the stock’s second consecutive day of losses. Philip Morris International Inc. closed $1.31 below its 52-week high ($98.62), which the company reached on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Altria Group Inc.
MO,
fell 0.38% to $49.42, British American Tobacco PLC ADR
BTI,
rose 0.41% to $39.53, and Imperial Brands PLC ADR
IMBBY,
rose 0.84% to $24.07. Trading volume (2.7 M) remained 1.7 million below its 50-day average volume of 4.5 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
British American Tobacco Stock – Philip Morris International Inc. stock falls Wednesday, underperforms market
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