General Mills Inc. Stock Falls Wednesday, Underperforms Market
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Shares of General Mills Inc. (GIS) sank 0.17% to $66.34 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.46% to 3,789.99 and the Dow Jones Industrial Average rising 1.00% to 30,668.53. This was the stock's third consecutive day of losses. General Mills Inc. closed $7.65 short of 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) rose 0.97% to $59.04, Kellogg Co. (K) fell 0.79% to $67.80, and Conagra Brands Inc. (CAG) rose 0.57% to $31.98. Trading volume (2.9 M) remained 670,376 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 15, 2022.
(END) Dow Jones Newswires
June 15, 2022 16:55 ET (20:55 GMT)
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