Philip Morris settles legal proceedings.
Parties are mutually released from presently known and past present and future claims arising out of or relating to among other things (a) the Proceedings including related orders; (b) infringement of the patents at issue in the Proceedings limited to the Product category in which the patents have been asserted . The Parties retain the right to assert infringement claims of any copyright designs trademarks service marks business names and domain names . If the dispute events occur and are not cured within the Settlement Agreement or waived in certain cases in accordance with the terms, the parties may settle the terms set forth in the settlement Agreement or terminate in certain events in the event the parties terminate the event in certain instances . The parties have also agreed to certain additional covenants not to sue on a perpetual royalty-free basis or on a .
Price Summary
On 2024-02-02, the price of Philip Morris International Inc. opened at 92.75 and closed at 92.99 making a low of 91.99 and a high of 93.3 and the volume was at 5036000.
The highest price for the 52-week period for the stock is 103.71 and the lowest price over the same period is 87.47.
Future price for PM is expected to range between 85.5 and 134.0, with a mean price expectation of about 110.77 as per recommendations from 15 analysts.
Technicals
The current price of 92.99 finds support at 90.32 and resistance at 93.4. The recent price move is approaching resistance.
The PSAR continues to be bullish in its current outlook.
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