fbpx

QQQ
+ 3.42
362.73
+ 0.93%
BTC/USD
+ 819.59
43835.21
+ 1.91%
DIA
+ 3.35
335.76
+ 0.99%
SPY
+ 4.25
429.38
+ 0.98%
TLT
+ 0.90
149.99
+ 0.6%
GLD
-0.65
166.69
-0.39%

Why Philip Morris Shares Are Moving Today

July 20, 2021 10:56 am
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More

Philip Morris International Inc. (NYSE:PM) shares are trading lower after the company reported worse-than-expected Q2 sales.

The company reported second-quarter sales results of $7.59 billion, which missed the $7.67 billion analysts estimate.

Philip Morris International, through its subsidiaries, manufactures and sells cigarettes, other nicotine-containing products, smoke-free products, and related electronic devices and accessories.

It markets and sells its products in the European Union, Eastern Europe, the Middle East, Africa, South and Southeast Asia, East Asia, Australia, Latin America, and Canada.

Philip Morris' stock was trading about 2.8% lower at $95.23 per share on Tuesday. The stock has a 52-week high of $100.95 and a 52-week low of $68.93.

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to Benzinga Podcasts and our YouTube channel.

Posted-In:

Movers Trading Ideas

Related Articles

Stocks That Hit 52-Week Highs On Tuesday

    Before 10 a.m. ET on Tuesday, 55 companies set new 52-week highs. read more

Stocks That Hit 52-Week Highs On Monday

    Before 10 a.m. ET on Monday, 71 companies hit new 52-week highs. read more

Stocks That Hit 52-Week Highs On Monday

    Before 10 a.m. ET on Monday, 201 companies set new 52-week highs. read more

Analyzing Philip Morris Intl's Unusual Options Activity

Philip Morris Intl (NYSE:PM) shares experienced unusual options activity on Friday. The stock price moved down to $99.57 following the option alert. read more