General Mills Inc. stock rises Thursday, still underperforms market

General Mills Inc. stock rises Thursday, still underperforms market

Shares of General Mills Inc. GIS, +0.13% inched 0.13% higher to $78.95 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.76% rising 0.76% to 3,981.35 and the Dow Jones Industrial Average DJIA, +1.05% rising 1.05% to 33,003.57. The stock’s rise snapped a two-day losing streak. General Mills Inc. closed $9.39 short of its 52-week high ($88.34), which the company reached on December 14th.

The stock underperformed when compared to some of its competitors Thursday, as Mondelez International Inc. Cl A MDLZ, +1.82% rose 1.82% to $65.36, Kraft Heinz Co. KHC, +0.68% rose 0.68% to $38.66, and Hershey Co. HSY, +0.74% rose 0.74% to $238.40. Trading volume (2.3 M) remained 1.4 million below its 50-day average volume of 3.7 M.

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