Kraft Heinz Co. stock outperforms competitors on strong trading day

Kraft Heinz Co. stock outperforms competitors on strong trading day

Shares of Kraft Heinz Co. KHC, +0.26% inched 0.26% higher to $35.13 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.02% falling 1.02% to 5,078.65 and Dow Jones Industrial Average DJIA, -1.04% falling 1.04% to 38,585.19.

The stock’s rise snapped a seven-day losing streak.

Kraft Heinz Co. closed $6.34 short of its 52-week high ($41.47), which the company achieved on May 3rd.

The stock outperformed some of its competitors Tuesday, as Coca-Cola Co. KO, -0.48% fell 0.48% to $59.52, PepsiCo Inc. PEP, -2.01% fell 2.01% to $162.04, and Mondelez International Inc. Cl A MDLZ, -0.94% fell 0.94% to $70.84.

Trading volume (8.2 M) eclipsed its 50-day average volume of 8.1 M.

Share:
error: Content is protected !!