Shares of General Mills Inc. GIS, -0.45% slipped 0.45% to $84.38 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.75% rising 1.75% to 3,849.28 and the Dow Jones Industrial Average DJIA, +1.05% rising 1.05% to 33,220.80. This was the stock’s second consecutive day of losses. General Mills Inc. closed $3.96 short of its 52-week high ($88.34), which the company achieved on December 14th.
The stock underperformed when compared to some of its competitors Thursday, as Mondelez International Inc. Cl A MDLZ, +0.79% rose 0.79% to $66.97, Kraft Heinz Co. KHC, +0.59% rose 0.59% to $40.68, and Hershey Co. HSY, +0.16% rose 0.16% to $233.25. Trading volume (2.5 M) remained 1.4 million below its 50-day average volume of 3.9 M.