McCormick & Co. Inc. Stock Falls Tuesday, Underperforms Market
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Shares of McCormick & Co. Inc. (MKC) slipped 1.27% to $89.70 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.64% to 4,109.90 and Dow Jones Industrial Average falling 1.01% to 33,012.14.
The stock's fall snapped a five-day winning streak.
McCormick & Co. Inc. closed $11.33 short of its 52-week high ($101.03), which the company reached on May 17th.
Trading volume (1.1 M) remained 436,681 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2023.
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May 16, 2023 17:11 ET (21:11 GMT)
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