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Shares of General Mills Inc. GIS slumped 0.11% to $75.60 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.56% to 4,155.17 and the Dow Jones Industrial Average DJIA rising 1.29% to 32,812.50. This was the stock's second consecutive day of losses. General Mills Inc. closed $1.34 short of its 52-week high ($76.94), which the company achieved on July 13th.
The stock underperformed when compared to some of its competitors Wednesday, as Mondelez International Inc. Cl A MDLZ rose 0.57% to $65.13, Kellogg Co. K rose 0.12% to $73.96, and Conagra Brands Inc. CAG rose 0.53% to $34.30. Trading volume (4.0 M) eclipsed its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 3, 2022.
(END) Dow Jones Newswires
August 03, 2022 16:55 ET (20:55 GMT)
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