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Philip Morris International Inc. stock outperforms market on strong trading day

Stock Market Management Business

Shares of Philip Morris International Inc.

PM, +0.63% inched 0.63% higher to 2.33 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -2.91% falling 2.91% to 3,900.86 and Dow Jones Industrial Average DJIA, -2.73% falling 2.73% to 31,392.79.

The stock's rise snapped a three-day losing streak.

Philip Morris International Inc. closed .15 short of its 52-week high (2.48), which the company reached on February 18th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Altria Group Inc.

MO, +0.58% rose 0.58% to .94, British American Tobacco PLC ADR BTI, +0.72% rose 0.72% to .37, and Imperial Brands PLC ADR IMBBY, -0.84% fell 0.84% to .37.

Trading volume (3.8 M) remained 1.9 million below its 50-day average volume of 5.7 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. 'There's really nowhere to hide' from stagflation, says a Beam Capital Management portfolio manager.

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