DJ Kraft Heinz Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of Kraft Heinz Co. $(KHC)$ advanced 1.21% to $36.72 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.91% to 5,064.20 and the Dow Jones Industrial Average rising 0.85% to 38,225.66.
The stock's rise snapped a two-day losing streak.
Kraft Heinz Co. closed $4.73 below its 52-week high ($41.45), which the company achieved on May 5th.
The stock outperformed some of its competitors Thursday, as Coca-Cola Co. $(KO)$ rose 0.10% to $61.99, PepsiCo Inc. $(PEP)$ rose 0.17% to $175.45, and Mondelez International Inc. Cl A $(MDLZ)$ fell 0.27% to $70.50.
Trading volume (11.3 M) eclipsed its 50-day average volume of 7.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2024.
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(END) Dow Jones Newswires
May 02, 2024 16:55 ET (20:55 GMT)
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