Kraft Heinz Co. Stock Falls Thursday, Underperforms Market
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Shares of Kraft Heinz Co. (KHC) slipped 0.73% to $39.66 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.10% to 4,060.43 and the Dow Jones Industrial Average rising 0.61% to 33,949.41.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Coca-Cola Co. (KO) fell 0.20% to $60.81, PepsiCo Inc. (PEP) fell 0.99% to $170.22, and Mondelez International Inc. Cl A (MDLZ) fell 0.74% to $64.52. Trading volume (5.4 M) remained 1.3 million below its 50-day average volume of 6.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 26, 2023.
(END) Dow Jones Newswires
January 26, 2023 17:05 ET (22:05 GMT)
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