PM - 1 Surprising Stock That Has Significant Exposure to Russia and Ukraine
Investors can't anticipate every risk to the companies they own. But some are more transparent than others. Management teams typically dedicate page after page in regulatory filings to spell out all of the conceivable potholes that might occur in the road ahead. Sometimes they come true.
Russia's invasion of Ukraine has sent shares of IPG Photonics (NASDAQ: IPGP) and EPAM Systems (NYSE: EPAM) plunging. But investors knew they both had employees and operations in a geographic region with a volatile recent history. Investors might not realize another company that could be hurt by the conflict is Philip Morris International (NYSE: PM) .
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1 Surprising Stock That Has Significant Exposure to Russia and Ukraine