DJ Mondelez International Inc. Cl A Stock Underperforms Friday When Compared To Competitors
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Shares of Mondelez International Inc. Cl A $(MDLZ)$ dropped 0.87% to $69.89 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.26% to 5,127.79 and the Dow Jones Industrial Average rising 1.18% to 38,675.68.
This was the stock's third consecutive day of losses.
Mondelez International Inc. Cl A closed $8.65 below its 52-week high ($78.54), which the company achieved on May 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Coca-Cola Co. $(KO)$ rose 0.29% to $62.17, PepsiCo Inc. $(PEP)$ rose 0.40% to $176.15, and Kraft Heinz Co. $(KHC)$ fell 1.01% to $36.35.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2024.
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(END) Dow Jones Newswires
May 03, 2024 16:43 ET (20:43 GMT)
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