Philip Morris is a growth stock again as shares hit all-time high on Zyn demand boom – CNBC

Philip Morris has seen a surge in demand for its Zyn tobacco-free nicotine pouches, leading to a record high in its stock price. The company is now considered a growth stock once again as investors flock to capitalize on this trend. The success of Zyn has propelled Philip Morris to new heights, with shares hitting an all-time high. This growth in demand for the product has significantly boosted the company’s financial performance and outlook for the future. Investors are optimistic about the potential for continued growth and profitability as Philip Morris continues to capitalize on the popularity of its innovative product.