DJ Kraft Heinz Co. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Kraft Heinz Co. $(KHC)$ slipped 0.95% to $31.29 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
This was the stock's second consecutive day of losses.
Kraft Heinz Co. closed $7.67 below its 52-week high ($38.96), which the company reached on April 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Coca-Cola Co. $(KO)$ fell 0.43% to $62.64, PepsiCo Inc. $(PEP)$ fell 1.92% to $156.77, and Mondelez International Inc. Cl A $(MDLZ)$ rose 2.22% to $63.12.
Trading volume (9.3 M) eclipsed its 50-day average volume of 8.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 16:58 ET (21:58 GMT)
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