Philip Morris International (PM) Gets New ZYN Clearance, Is The 8% Discount Still There?

Philip Morris International (PM) drew fresh attention after the U.S. Food and Drug Administration granted Marketing Granted Orders for 11 ZYN ULTRA moist oral nicotine pouch products sold by its affiliate Swedish Match USA. See our latest analysis for Philip Morris International. At a share price of US$188.23, Philip Morris International has seen short term share price weakness, with the 30 day share price return declining 3.12%, while its year to date share price return of 17.42% and five...