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Philip Morris Stock Rises
Huge sales of the nicotine pouch Zyn have sent Philip Morris' stock to an all-time high
Nicotine pouch maker Zyn is on a roll, and it's showing up on the company's bottom line — and record stock performance.
Philip Morris is a growth stock again as shares hit all-time high on Zyn demand boom
Part of that growth is due to easing supply constraints for the product. Shipments of Zyn cans in the U.S. rose more than 41% in the third quarter from the same three-month period in 2023. Philip Morris expects Zyn shipments to match demand "at some point" during the fourth quarter, Babeau said.
Philip Morris International Stock Surges to Record
Philip Morris International reported record revenue and earnings and said the shortage of its Zyn nicotine pouches was easing. The stock rose 10.5%, its biggest gain since 2008, and closed at an all-t
3h
Japan Tobacco: Valuations Seem Stretched
Japan Tobacco is the third-largest player in a highly concentrated tobacco industry, behind British American Tobacco and ...
2d
on MSN
Philip Morris Shares Jump as Zyn’s Booming Sales Bolster Profits
Philip Morris International Inc. forecast higher-than-expected profit this year, citing soaring demand for its Zyn nicotine ...
2d
on MSN
Philip Morris Shares Soar on Strong Third Quarter
Its quarterly adjusted profit of $1.91 per share also beat estimates of $1.82 per share. Last week, Philip Morris said it, ...
1d
Philip Morris International Pops; Yield Drops
PM reported its eleventh earnings triple play in its history and the first since February 2023. Click to read.
ETF Daily News
1d
UBS Group Boosts Philip Morris International (NYSE:PM) Price Target to $105.00
Philip
Morris
International
(NYSE:PM – Free Report) had its price objective lifted by UBS Group from $103.00 to $105.00 in a report issued on Wednesday, Benzinga reports. The firm currently has ...
1d
Philip Morris International Inc. stock remains steady Wednesday, still outperforms market
Philip Morris International Inc. closed $0.56 short of its 52-week high ($131.97), which the company reached on October 22nd.
Engineering News
14h
Branislav Bibic
Saharan Africa at Philip Morris International, a producer of tobacco and nicotine products, including cigarettes and ...
2d
Wall Street Lunch: Don't Count Out The Combustibles
Philip Morris International (PMI) and General Motors (GM) are the top gainers in the S&P 500 following their results, both up ...
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