Philip Morris Surges to 2-Year High Before Earnings
PMPMI(PM) Schaeffers Investment Research·2024-07-18 00:52

Philip Morris International Inc. (NYSE:PM) stock was last seen up 1.5% to trade at 107.66,aheadofthetobaccogiant′ssecond−quarterearningsreport,dueoutbeforetheopenonTuesday,July26.Plus,thecompanyannouncedyesterdayitwillinvest107.66, ahead of the tobacco giant's second-quarter earnings report, due out before the open on Tuesday, July 26. Plus, the company announced yesterday it will invest 600 million to open a manufacturing facility in Colorado to produce its Zyn nicotine pouches.PM earlier surged to a two-year high of 108.07,afterbouncingoffsupportatthe108.07, after bouncing off support at the 101 region and the 40-day moving average earlier this month. Now on track for its f ...