Published on 20 Jan 2022 on Market Watch
International Flavors & Fragrances Inc. stock rises Thursday, outperforms market
Shares of International Flavors & Fragrances Inc. rallied 1.16% to $141.00 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.10% to 4,482.73 and Dow Jones Industrial Average falling 0.89% to 34,715.39. The stock's rise snapped a five-day losing streak. International Flavors & Fragrances Inc. closed $16.08 short of its 52-week high ($157.08), which the company reached on August 11th.
The stock outperformed some of its competitors Thursday, as Procter & Gamble Co. rose 0.54% to $162.00, L'Oreal S.A. ADR rose 0.01% to $85.32, and Estee Lauder Cos. Cl A fell 2.73% to $301.06. Trading volume (3.7 M) eclipsed its 50-day average volume of 1.2 M.