Published on 10 May 2022 on Market Watch
Mondelez International Inc. Cl A stock outperforms market on strong trading day
Shares of Mondelez International Inc. Cl A inched 0.84% higher to $66.28 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 3.20% to 3,991.24 and Dow Jones Industrial Average falling 1.99% to 32,245.70. This was the stock's second consecutive day of gains. Mondelez International Inc. Cl A closed $3.19 short of its 52-week high ($69.47), which the company achieved on January 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Nestle S.A. ADR fell 2.94% to $121.13, PepsiCo Inc. rose 0.76% to $171.70, and General Mills Inc. rose 2.94% to $73.50. Trading volume (11.7 M) eclipsed its 50-day average volume of 8.5 M.