Philip Morris
PMWhat is Philip Morris (PM): complete guide for Beginners and Investors
Philip Morris International sells tobacco and smoke-free products outside the United States, including IQOS. On Walbi it trades as a USD-settled perpetual, so an AI agent can take a position in either direction without you holding the underlying share.
Rate
At this moment, the price of Philip Morris is —. The 24-hour trading volume is —. Over the past 24 hours, the price of Philip Morris has changed from — to —. The daily high reached — over the past 24 hours, while the daily low was —.
History
The brand dates to a London tobacconist in 1847. The international business was separated from Altria in 2008 and has since staked its future on heated tobacco rather than cigarettes.
Technology
Cigarettes still fund the company, but smoke-free products are a growing share of revenue and the centre of its regulatory argument.
Use cases
The share is held largely for its dividend, and moves on regulation, currency and the pace of the smoke-free transition.
Forecast
Walbi does not publish price targets. What can be said is what moves this instrument: the share is held largely for its dividend, and moves on regulation, currency and the pace of the smoke-free transition. Positions here are perpetual contracts settled in USD rather than shares, so there is no ownership, no dividend and no shareholder vote — and funding is exchanged between long and short holders for as long as a position stays open.
Philip Morris details
| Ticker: | PM |
|---|---|
| Website: | https://www.pmi.com |
| Type: | Equity · Tobacco |
| Founder: | Philip Morris |
| Launch: | 1847 |