DJ Kraft Heinz Co. Stock Underperforms Monday When Compared To Competitors
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Shares of Kraft Heinz Co. $(KHC)$ shed 2.27% to $30.97 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
The stock's fall snapped a two-day winning streak.
Kraft Heinz Co. closed $7.99 short of its 52-week high ($38.96), which the company achieved on April 25th.
The stock underperformed when compared to some of its competitors Monday, as Coca-Cola Co. $(KO)$ fell 0.90% to $62.55, PepsiCo Inc. $(PEP)$ fell 1.23% to $156.02, and Mondelez International Inc. Cl A $(MDLZ)$ fell 0.71% to $61.49.
Trading volume (12.8 M) eclipsed its 50-day average volume of 8.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 16:58 ET (21:58 GMT)
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