Published on 12 May 2022 on Market Watch
Shares of Mondelez International Inc. Cl A sank 0.55% to $65.56 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,935.18 and Dow Jones Industrial Average falling 1.02% to 31,834.11. This was the stock's second consecutive day of losses. Mondelez International Inc. Cl A closed $3.91 below its 52-week high ($69.47), which the company achieved on January 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Nestle S.A. ADR rose 0.37% to $121.23, PepsiCo Inc. fell 0.48% to $170.66, and General Mills Inc. rose 0.08% to $71.80. Trading volume (9.7 M) eclipsed its 50-day average volume of 8.7 M.