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Shares of General Mills Inc. GIS inched 0.62% higher to $66.75 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 3.25% to 3,666.77 and Dow Jones Industrial Average DJIA falling 2.42% to 29,927.07. The stock's rise snapped a three-day losing streak. General Mills Inc. closed $7.24 short of its 52-week high ($73.99), which the company reached on May 10th.
The stock outperformed some of its competitors Thursday, as Mondelez International Inc. Cl A MDLZ fell 0.73% to $58.61, Kellogg Co. K fell 0.19% to $67.67, and Conagra Brands Inc. CAG fell 0.72% to $31.75. Trading volume (3.9 M) eclipsed its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 16, 2022.
(END) Dow Jones Newswires
June 16, 2022 16:55 ET (20:55 GMT)
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