DJ Conagra Brands Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Conagra Brands Inc. $(CAG)$ slid 1.66% to $25.46 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.76% to 5,994.57 and Dow Jones Industrial Average falling 0.28% to 44,421.91.
This was the stock's second consecutive day of losses.
Conagra Brands Inc. closed 23.41% short of its 52-week high of $33.24, which the company achieved on September 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Mondelez International Inc. Cl A $(MDLZ)$ fell 1.00% to $57.41, Kraft Heinz Co. $(KHC)$ fell 1.88% to $29.28, and General Mills Inc. $(GIS)$ fell 0.45% to $59.87.
Trading volume (4.0 M) remained 1.4 million below its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2025.
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(END) Dow Jones Newswires
February 03, 2025 17:18 ET (22:18 GMT)
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