DJ Mondelez International Inc. Cl A Stock Rises Friday, Still Underperforms Market
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Shares of Mondelez International Inc. Cl A $(MDLZ)$ inched 0.20% higher to $59.39 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
The stock's rise snapped a six-day losing streak.
Mondelez International Inc. Cl A closed $17.81 short of its 52-week high ($77.20), which the company achieved on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Coca-Cola Co. $(KO)$ rose 0.16% to $62.55, PepsiCo Inc. $(PEP)$ rose 0.87% to $152.79, and Kraft Heinz Co. $(KHC)$ rose 1.40% to $30.52.
Trading volume (32.2 M) eclipsed its 50-day average volume of 7.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 16:46 ET (21:46 GMT)
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