General Mills Inc. Stock Falls Wednesday, Underperforms Market
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Shares of General Mills Inc. (GIS) slid 1.05% to $69.12 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.75% to 4,101.23 and Dow Jones Industrial Average falling 0.54% to 32,813.23. This was the stock's second consecutive day of losses. General Mills Inc. closed $4.87 below its 52-week high ($73.99), which the company achieved on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Mondelez International Inc. Cl A (MDLZ) fell 1.02% to $62.91, Kellogg Co. (K) fell 1.06% to $69.00, and Conagra Brands Inc. (CAG) fell 1.12% to $32.52. Trading volume (3.4 M) remained 330,947 below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2022.
(END) Dow Jones Newswires
June 01, 2022 16:55 ET (20:55 GMT)
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