Shares of Philip Morris International Inc. PM, -0.23% slipped 0.23% to $99.24 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.73% rising 1.73% to 4,280.15 and the Dow Jones Industrial Average DJIA, +1.27% rising 1.27% to 33,761.05. The stock’s fall snapped a two-day winning streak. Philip Morris International Inc. closed $13.24 short of its 52-week high ($112.48), which the company achieved on February 18th.
The stock underperformed when compared to some of its competitors Friday, as Altria Group Inc. MO, +0.04% rose 0.04% to $45.15, British American Tobacco PLC ADR BTI, -0.02% fell 0.02% to $40.42, and Imperial Brands PLC ADR IMBBY, +0.52% rose 0.52% to $23.22. Trading volume (3.1 M) remained 1.9 million below its 50-day average volume of 5.0 M.