DJ Mondelez International Inc. Cl A Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Mondelez International Inc. Cl A $(MDLZ)$ rallied 1.23% to $61.93 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,144.15 and the Dow Jones Industrial Average rising 0.16% to 44,627.59.
This was the stock's second consecutive day of gains.
Mondelez International Inc. Cl A closed 18.58% short of its 52-week high of $76.06, which the company achieved on September 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Coca-Cola Co. $(KO)$ rose 1.48% to $70.07, PepsiCo Inc. $(PEP)$ rose 1.19% to $145.81, and Kraft Heinz Co. $(KHC)$ rose 1.60% to $29.79.
Trading volume (7.4 M) remained 3.6 million below its 50-day average volume of 11.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 19, 2025.
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(END) Dow Jones Newswires
February 19, 2025 16:43 ET (21:43 GMT)
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