Philip Morris International (pm) Plunges: Time To Buy The Dip?

Shares of Philip Morris International (NYSE: PM) plunged 16% on April 19, after the tobacco giant posted a mixed first quarter. That miss rattled the entire tobacco sector and dragged down Altria (NYSE: MO), British American Tobacco (NYSE: BTI), and Imperial Brands (NASDAQOTH: IMBBY).Some of the industrywide sell-off was justified, since PMI is the second largest publicly traded tobacco company and a bellwether stock.

BING NEWS:
  • Philip Morris International Inc. (NYSE:PM) Q1 2024 Earnings Call Transcript
    April 23, 2024 Philip Morris International Inc. beats earnings expectations. Reported EPS is $1.5, expectations were $1.41. Philip Morris International Inc. isn't one of the 30 most popular stocks ...
    04/24/2024 - 3:53 am | View Link
  • Why Philip Morris International Stock Was Climbing Today
    Shares of Philip Morris International ( PM 3.83%) were moving higher today after the international tobacco giant posted strong results in its first-quarter earnings report, driven by growth in its ...
    04/23/2024 - 9:45 am | View Link
  • Analysts Are Bullish on These Consumer Goods Stocks: Philip Morris (PM), PepsiCo (PEP)
    There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Philip Morris (PM – Research Report) ...
    04/23/2024 - 2:41 am | View Link
  • Buy Rating Affirmed for Philip Morris on Strong Q1 Performance and Raised FY2024 Guidance
    Goldman Sachs analyst Bonnie Herzog has reiterated their bullish stance on PM stock, giving a Buy rating yesterday. Bonnie Herzog has given ...
    04/23/2024 - 1:45 am | View Link
  • Philip Morris International slips after cutting full-year profit guidance
    Philip Morris International reported mixed Q3 earnings with a strong focus on smoke-free products and organic revenue growth.
    04/23/2024 - 12:17 am | View Link
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