Published on 19 Jan 2022 on Market Watch
Shares of International Flavors & Fragrances Inc. slid 1.30% to $139.38 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.97% to 4,532.76 and Dow Jones Industrial Average falling 0.96% to 35,028.65. This was the stock's fifth consecutive day of losses. International Flavors & Fragrances Inc. closed $17.70 short of its 52-week high ($157.08), which the company reached on August 11th.
The stock underperformed when compared to some of its competitors Wednesday, as Procter & Gamble Co. rose 3.36% to $162.00, L'Oreal S.A. ADR fell 0.09% to $85.31, and Estee Lauder Cos. Cl A fell 0.46% to $309.52. Trading volume (1.2 M) remained 18,495 below its 50-day average volume of 1.2 M.