DJ Kraft Heinz Co. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Kraft Heinz Co. $(KHC)$ slid 2.94% to $27.69 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.57% to 4,982.77 and Dow Jones Industrial Average falling 0.84% to 37,645.59.
This was the stock's third consecutive day of losses.
Kraft Heinz Co. closed 28.93% below its 52-week high of $38.96, which the company reached on April 25th.
The stock underperformed when compared to some of its competitors Tuesday, as Coca-Cola Co. $(KO)$ rose 0.07% to $68.42, PepsiCo Inc. $(PEP)$ fell 2.02% to $140.30, and Mondelez International Inc. Cl A $(MDLZ)$ fell 1.79% to $64.06.
Trading volume (18.1 M) eclipsed its 50-day average volume of 11.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 8, 2025.
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(END) Dow Jones Newswires
April 08, 2025 16:54 ET (20:54 GMT)
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