What's New
Philip Morris (PM) shares sank 16 percent, or the biggest daily fall in a decade:
PM Price data by YChartsThe shares have continued to decline since Thursday.
Wall Street Journal headlined:
Philip Morris Shares Suffer Biggest Daily Fall in a Decade on Declining Cigarette Volume
... but this is nothing new. In fact, I noted in my first-ever Seeking Alpha article on June 2, 2016, titled Philip Morris May Cut Dividend:
