Philip Morris Trading Volume Surges 72.25% Ranking 70th in Market Activity

On May 29, 2025, Philip's trading volume reached 10.12 billion, marking a 72.25% increase from the previous day, ranking 70th in the day's stock market activity. Philip Morris (PM) has been on a downward trend, experiencing a 0.51% decline, marking two consecutive days of decrease, with a total drop of 0.76% over the past two 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 expectations, driven by strong sales in its heated tobacco products. The company's revenue for the quarter was $7.8 billion, up 4.5% from the same period last year. The company's net income for the quarter was $2.1 billion, up 6.3% 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 expand the company's production capacity and improve its manufacturing processes. 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 marketing campaign for its IQOS heated tobacco product. The campaign will focus on the health benefits of the product and will be targeted at smokers who are looking to switch to a less harmful alternative. The company expects the campaign to drive sales growth in the coming quarters.