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Why Philip Morris Stock Was Pulling Back Today

TheMotleyFool

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Why Philip Morris Stock Was Pulling Back Today: https://g.foolcdn.com/editorial/images/764607/cigarette-tobacco-altria-phillips-morris.jpg

Shares of Philip Morris International (NYSE: PM) were sliding today after the tobacco company missed estimates on the bottom line in its fourth-quarter earnings report and offered guidance that also missed the mark.

As a result, the stock was down 2.6% at 1:44 p.m. Thursday after trading as far down as 3.4% earlier in the session.

Image source: Getty Images.

Source Fool.com

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