November 28, 2024

General Mills Inc. stock falls Thursday, underperforms market

Mills #Mills

Shares of General Mills Inc. GIS, +0.29% slipped 2.26% to $74.70 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, +1.92% falling 0.30% to 3,790.38 and Dow Jones Industrial Average DJIA, +2.15% falling 0.46% to 30,630.17. The stock’s fall snapped a four-day winning streak. General Mills Inc. closed $2.24 below its 52-week high ($76.94), which the company reached on July 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Mondelez International Inc. Cl A MDLZ, -0.23% fell 1.76% to $60.88, Kellogg Co. K, -0.56% fell 1.39% to $72.86, and Conagra Brands Inc. CAG, +1.75% fell 7.25% to $33.15. Trading volume (4.6 M) eclipsed its 50-day average volume of 3.9 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Leave a Reply