Shares of Mondelez International Inc. Cl A MDLZ, -0.11% shed 0.11% to $62.41 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.36% rising 0.36% to 3,845.08 and the Dow Jones Industrial Average DJIA, +0.23% rising 0.23% to 31,037.68. This was the stock’s second consecutive day of losses. Mondelez International Inc. Cl A closed $7.06 short of its 52-week high ($69.47), which the company reached on January 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Nestle S.A. ADR NSRGY, +0.79% rose 0.79% to $118.41, PepsiCo Inc. PEP, +1.00% rose 1.00% to $170.70, and General Mills Inc. GIS, +1.42% rose 1.42% to $76.22. Trading volume (8.5 M) eclipsed its 50-day average volume of 8.5 M.