Philip Morris, VMware-Broadcom deal, Baidu: Trending Tickers October 19, 2023

Marlboro cigarette manufacturer Philip Morris International (PM) stock closes lower on Thursday after an earnings beat, boosting its profit forecast but lowering the outlook on its heated tobacco segment. VMware (VMW) shares dive as Chinese regulators plan to delay the approval of Broadcom’s (AVGO) acquisition deal, according to a Financial Times report. Lastly, analysts slash price targets for Baidu (BIDU) stock on uncertainty in Chinese markets.
Yahoo Finance Live’s Julie Hyman and Josh Lipton monitor several stocks after Thursday’s closing bell.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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