British American Tobacco Stock – Philip Morris International Inc. stock outperforms competitors on strong trading day
Shares of Philip Morris International Inc.
advanced 1.68% to $100.50 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
rising 0.18% to 4,255.15 and the Dow Jones Industrial Average
falling 0.25% to 34,393.75. This was the stock’s fourth consecutive day of gains. Philip Morris International Inc. hit a new 52-week high, surpassing its previous peak of $98.95, which the company achieved on June 8th.
The stock outperformed some of its competitors Monday, as Altria Group Inc.
fell 1.68% to $48.08, British American Tobacco PLC ADR
rose 0.45% to $40.27, and Imperial Brands PLC ADR
rose 0.28% to $23.19. Trading volume (9.3 M) eclipsed its 50-day average volume of 4.2 M.