DJ Kraft Heinz Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of Kraft Heinz Co. $(KHC)$ rallied 2.95% to $31.72 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
The stock's rise snapped a five-day losing streak.
Kraft Heinz Co. closed $7.24 short of its 52-week high ($38.96), which the company reached on April 25th.
The stock outperformed some of its competitors Monday, as Coca-Cola Co. $(KO)$ rose 0.11% to $62.60, PepsiCo Inc. $(PEP)$ rose 1.06% to $159.47, and Mondelez International Inc. Cl A $(MDLZ)$ fell 2.26% to $61.44.
Trading volume (13.8 M) eclipsed its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 16:58 ET (21:58 GMT)
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