Philip Morris Stock Slumped on Rumors It Might Merge With Altria

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While Philip Morris International stock has performed much better than tobacco peer Altria Group in 2019, that dynamic has reversed on Monday—perhaps because investors are trying to handicap a potential combination of the two companies, notes Wells Fargo.

source https://finance.yahoo.com/m/83ad98a9-1fc9-357d-93fa-ad34bd385e2d/philip-morris-stock-slumped.html?.tsrc=rss

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