DJ Kraft Heinz Co. Stock Underperforms Friday When Compared To Competitors
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Shares of Kraft Heinz Co. $(KHC)$ shed 2.04% to $31.14 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
This was the stock's second consecutive day of losses.
Kraft Heinz Co. closed $7.82 short of its 52-week high ($38.96), which the company achieved on April 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Coca-Cola Co. $(KO)$ fell 1.29% to $61.74, PepsiCo Inc. $(PEP)$ fell 3.95% to $158.62, and Mondelez International Inc. Cl A $(MDLZ)$ fell 1.63% to $64.49.
Trading volume (17.4 M) eclipsed its 50-day average volume of 7.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 16:58 ET (21:58 GMT)
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