Philip Morris rallies and lifts tobacco peers on IQOS strength, consumer resiliency (PM:NYSE)
Philip Morris International (PM) saw a 6.9% increase in its stock price following its Q1 earnings report, which also positively impacted other tobacco companies. The rally was primarily driven by the strong performance of its IQOS product and consumer resilience.
https://seekingalpha.com/news/4578058-philip-morris-rallies-and-lifts-tobacco-peers-on-iqos-strength-consumer-resiliency