Shares of Philip Morris International Inc. /zigman2/quotes/201611010/composite PM -2.27% inched 0.42% higher to $90.03 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.28% rising 0.23% to 4,701.46 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.29% falling 0.03% to 35,804.38. The stock's rise snapped a four-day losing streak. Philip Morris International Inc. closed $16.48 short of its 52-week high ($106.51), which the company achieved on September 7th.
The stock outperformed some of its competitors Wednesday, as Altria Group Inc. /zigman2/quotes/208895754/composite MO -0.74% fell 0.36% to $44.08, British American Tobacco PLC ADR /zigman2/quotes/210207837/composite BTI +2.42% fell 0.86% to $34.59, and Imperial Brands PLC ADR /zigman2/quotes/206232937/delayed IMBBY +0.61% fell 0.53% to $21.33. Trading volume (5.1 M) eclipsed its 50-day average volume of 4.3 M.