Philip Morris Rally Falters in After-Hours, Signaling Caution for Monday’s Open

NEW YORK, NY – Philip Morris International Inc. (NYSE: PM) shares posted a strong gain during Friday’s regular trading session, but a sharp reversal after the closing bell is signaling potential weakness for the start of the coming week.
The tobacco giant closed the official session at
1.72 (0.96%). Throughout the day, the stock demonstrated solid upward momentum, rallying from an opening price of $178.82 to a daily high of $181.30, pleasing bullish investors.
However, the optimism soured in post-market activity. In after-hours trading, the stock fell significantly by
180.00. This late-day sell-off erased more than half of the regular session’s gains, indicating a clear shift in sentiment.
Analysis for Monday:
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Bearish Reversal: The substantial drop in after-hours trading is a strong bearish signal. This suggests that profit-takers moved in aggressively, and the positive momentum from the regular day was not sustained.
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Momentum Shift: After-hours trading often provides a clue to the next day’s pre-market sentiment. The negative momentum from Friday evening is more likely to influence Monday’s open than the positive performance from the regular session.
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Market Outlook: Due to the significant after-hours sell-off, Philip Morris is likely to face downward pressure and open lower on Monday. The key level to watch will be $180.00. If sellers push the price below this mark, the stock could re-test support near the previous close of $179.31, potentially erasing all of Friday’s gains.
Investors will be watching cautiously to see if buyers can step back in to defend the $180 level or if the late-day sellers will remain in control to start the week.
Disclaimer: This article is for informational purposes only and is not financial advice. Stock market performance is subject to volatility, and past performance is not indicative of future results.