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Philip Morris International Inc. (PM)

NYSE - NYSE Delayed price. Currency in USD
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91.10-1.44 (-1.56%)
At close: 04:00PM EST
91.03 -0.07 (-0.08%)
After hours: 07:53PM EST
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  • Yahoo Finance Video

    British American Tobacco faces $31B hit in value write-downs

    British American Tobacco (BTI) warns it may lose over $31 billion in revenue following plans to write down the value of certain US cigarette brands. The tobacco giant cited higher inflation driving greater consumer demand toward more affordable cigarette and vaping options, broadly impacting the outlook for premium brands like Newport, Camel, and Natural American Spirit. Yahoo Finance's Rachelle Akuffo and Akiko Fujita break down the details of this trending ticker, expanding upon the rocky outlook for British American Tobacco and its competitors. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

  • Bloomberg

    BAT Writing Off £25 Billion on US Cigarettes, Shares Fall

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  • Zacks

    Philip Morris' (PM) Smoke-Free Unit Solid, Cigarette Volumes Low

    Philip Morris (MO) looks well-positioned for growth with its pricing power and focus on smoke-free products amid low cigarette volumes.