Big Fund Sold Philip Morris, Apple, and PayPal Stock. It Bought Lululemon. - Barron's
1. MEAG sold shares in Philip Morris and Apple, buying Lululemon. 2. Philip Morris stock rose 28% in 2024, outperforming the S&P 500. 3. FDA approved Zyn, boosting Philip Morris' smoke-free revenue growth. 4. Apple's sales decline in China may affect its market performance. 5. Lululemon increased earnings guidance despite a 25% drop in 2024.