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Here's Why Philip Morris (PM) Stock is Down 4.7% in 3 Months

Zacks Equity Research
Updated

Investors seem to lay low when it comes to Philip Morris International Inc. PM. The tobacco giant’s shares have declined 4.7% in the past three months compared to the industry’s decline of 2.4%. Moreover, the stock fell nearly 4.3% in yesterday’s trading session, on market speculations of a merger between Philip Morris and tobacco giant Altria MO.


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Click to get this free report Philip Morris International Inc. (PM) : Free Stock Analysis Report British American Tobacco p.l.c. (BTI) : Free Stock Analysis Report Altria Group, Inc. (MO) : Free Stock Analysis Report Vector Group Ltd. (VGR) : Free Stock Analysis Report To read this article on Zacks.com click here.