Overall, the quarter highlighted Philip Morris's strategic shift towards smoke-free products, supporting a strong financial performance despite lingering reliance on traditional tobacco products.

The transaction comes as Philip Morris, with a market capitalization of $231.24 billion, trades near its 52-week high of $150.24, having delivered an impressive 76.48% return over the past year.

Investing.com -- Shares of Philip Morris International Inc. (NYSE:PM) rose 1% following the U.S. Food and Drug Administration's (FDA) authorization of 20 ZYN nicotine pouch products for marketing.

Investors with a lot of money to spend have taken a bullish stance on Philip Morris Intl PM. And retail traders should know. We noticed this today when the trades showed up on publicly available ...

Investors with a lot of money to spend have taken a bullish stance on Philip Morris Intl (NYSE:PM). And retail traders should know. We noticed this today when the positions showed up on publicly ...

Whales with a lot of money to spend have taken a noticeably bearish stance on Philip Morris Intl. Looking at options history for Philip Morris Intl PM we detected 10 trades. If we consider the ...