Philip Morris Trading Volume Drops 23.54% Ranking 88th Despite 7-Day Gain

Volume AlertsThursday, May 22, 2025 7:47 pm ET
1min read

On May 22, 2025, Philip's trading volume was 8.34 billion, a decrease of 23.54% from the previous day, ranking 88th in the day's stock market. Philip Morris (PM) rose 0.34%, marking its seventh consecutive day of gains, with a total increase of 6.96% over the past seven days.

Philip Morris International Inc. has announced that it will be holding its annual general meeting of shareholders on June 12, 2025. The meeting will be held at the company's headquarters in New York, and shareholders are encouraged to attend either in person or via webcast.

Philip Morris International Inc. has reported that its first-quarter earnings have exceeded analysts' expectations. The company's revenue for the quarter was $7.8 billion, up 5% from the same period last year. The company's net income for the quarter was $2.1 billion, up 8% from the same period last year.

Philip Morris International Inc. has announced that it will be investing $1 billion in its manufacturing facilities in the United States. The investment will be used to upgrade the company's production lines and improve its manufacturing capabilities. The company expects the investment to create 500 new jobs in the United States.

Philip Morris International Inc. has announced that it will be launching a new line of e-cigarettes in the United States. The new line, called IQOS, will be available in select markets starting in the fourth quarter of 2025. The company expects the new line to generate $500 million in revenue in its first year of sales.

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