Philip Morris Trading Volume Surges 63.84% Ranking 69th in Stock Market

Market BriefWednesday, May 21, 2025 7:40 pm ET
1min read

On May 21, 2025, Philip's trading volume reached 10.78 billion, marking a 63.84% increase from the previous day, ranking 69th in the day's stock market. Philip Morris (PM) has been on a winning streak, rising for six consecutive days, with a total increase of 6.60% over the past six days.

Philip Morris International Inc. has announced that it will be hosting its annual general meeting of shareholders on June 12, 2025. The meeting will be held at the company's headquarters in New York, where shareholders will have the opportunity to vote on various proposals, including the election of directors and the approval of the company's auditors.

Philip Morris International Inc. has reported that its first-quarter earnings have exceeded market expectations. The company's revenue for the quarter was $7.8 billion, up 5.2% from the same period last year. The company's net income for the quarter was $2.1 billion, up 8.3% from the same period last year. The company's earnings per share for the quarter were $1.25, up 9.1% from the same period last year.

Philip Morris International Inc. has announced that it will be launching a new line of heated tobacco products in the United States. The new products, which will be sold under the IQOS brand, are designed to provide smokers with a less harmful alternative to traditional cigarettes. The company expects the new products to generate significant revenue in the coming years.

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