Published on 30 Jun 2022 on Market Watch
Conagra Brands Inc. stock rises Wednesday, outperforms market
Shares of Conagra Brands Inc. rose 1.15% to $34.33 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.27% to 31,029.31 and the S&P 500 Index falling 0.07% to 3,818.83. The stock's rise snapped a two-day losing streak. Conagra Brands Inc. closed $2.64 short of its 52-week high ($36.97), which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as PepsiCo Inc. rose 1.66% to $166.73, Mondelez International Inc. Cl A rose 1.11% to $62.05, and General Mills Inc. rose 6.35% to $74.72. Trading volume (4.4 M) eclipsed its 50-day average volume of 4.1 M.