Shares of General Mills Inc. GIS, -0.02% slipped 2.72% to $81.50 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, -0.01% rising 0.27% to 33,665.02 and the S&P 500 Index SPX, 0.07% falling 0.38% to 4,267.52.
This was the stock’s second consecutive day of losses.
General Mills Inc. closed $9.39 short of its 52-week high ($90.89), which the company achieved on May 15th.
The stock underperformed when compared to some of its competitors Wednesday, as Mondelez International Inc. Cl A MDLZ, -0.26% fell 1.49% to $72.19, Kraft Heinz Co. KHC, -0.60% fell 2.22% to $36.95, and Hershey Co. HSY, -0.36% fell 0.82% to $253.20.
Trading volume (5.2 M) eclipsed its 50-day average volume of 2.9 M.