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Philip Morris Stock Rises
Huge sales of the nicotine pouch Zyn have sent Philip Morris' stock to an all-time high
Nicotine pouch maker Zyn is on a roll, and it's showing up on the company's bottom line — and record stock performance.
Philip Morris is a growth stock again as shares hit all-time high on Zyn demand boom
Part of that growth is due to easing supply constraints for the product. Shipments of Zyn cans in the U.S. rose more than 41% in the third quarter from the same three-month period in 2023. Philip Morris expects Zyn shipments to match demand "at some point" during the fourth quarter, Babeau said.
Philip Morris International Stock Surges to Record
Philip Morris International reported record revenue and earnings and said the shortage of its Zyn nicotine pouches was easing. The stock rose 10.5%, its biggest gain since 2008, and closed at an all-t
2d
on MSN
Philip Morris Shares Jump as Zyn’s Booming Sales Bolster Profits
Philip Morris International Inc. shares soared Tuesday after the company forecast higher-than-expected profit this year ...
Convenience Store News
1d
PMI Says Supply Constraints of Zyn Are Easing
Shipments of the modern oral nicotine pouch reached 149 million cans for the third quarter, tobacco company says ...
Benzinga.com
2d
Philip Morris' Q3 Driven By Smoke-Free Products Amid Rising Market Share In Key Regions: Analyst Forecasts Growth Across IQOS And ZYN Brands
Philip
Morris
raised its U.S.
ZYN
volume outlook for 2024 to 570-580 million cans, reflecting over 50% growth.
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