General Mills Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of General Mills Inc. (GIS) inched 0.57% higher to $69.16 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.95% to 4,160.68 and the Dow Jones Industrial Average rising 0.80% to 33,180.14. This was the stock's second consecutive day of gains. General Mills Inc. closed $4.83 below its 52-week high ($73.99), which the company reached on May 10th.
The stock underperformed when compared to some of its competitors Tuesday, as Mondelez International Inc. Cl A (MDLZ) rose 1.27% to $63.24, Kellogg Co. (K) rose 0.82% to $69.01, and Conagra Brands Inc. (CAG) rose 1.21% to $32.60. Trading volume (2.5 M) remained 977,828 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 7, 2022.
(END) Dow Jones Newswires
June 07, 2022 16:55 ET (20:55 GMT)
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