Philip Morris stock heads into MLK Day break higher — here’s what matters next
Philip Morris International shares rose 0.6% to $173.62 Friday, their seventh straight gain. The company reported over $20 billion in U.S. investments since 2022, mainly from its Swedish Match acquisition. U.S. markets will close Monday for Martin Luther King Jr. Day. Investors are watching for PMI’s earnings update and any regulatory news on smoke-free products.