DJ Kraft Heinz Co. Stock Underperforms Thursday When Compared To Competitors
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Shares of Kraft Heinz Co. $(KHC)$ slumped 0.66% to $30.10 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
This was the stock's second consecutive day of losses.
Kraft Heinz Co. closed $8.86 below 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 Thursday, as Coca-Cola Co. $(KO)$ fell 0.64% to $62.45, PepsiCo Inc. $(PEP)$ fell 1.92% to $151.47, and Mondelez International Inc. Cl A $(MDLZ)$ fell 1.25% to $59.27.
Trading volume (13.6 M) eclipsed its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 17:00 ET (22:00 GMT)
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