Philip Morris International Trading Volume Drops 21.05% to 54th Rank

On April 28, 2025, Philip Morris International (PM) experienced a significant decline in trading volume, with a total of 10.40 billion shares traded, marking a 21.05% decrease from the previous day. This placed PM at the 54th position in terms of trading volume for the day. The stock price of PM also decreased by 0.63%.

In the first quarter of 2025, Philip Morris International's smoke-free business contributed 42% to the company's total net revenues. This segment has been a key driver of growth for the company, reflecting the increasing demand for alternative smoking products.

Philip Morris International reported that the pricing of combustible products in the first quarter of 2025 was 8.3% higher compared to the same period last year. This increase in pricing led to a 5.3% rise in gross profit, demonstrating the company's ability to maintain profitability despite economic challenges.