Mondelez Stock Plummets, Underperforming Market

Mondelez International, the snack giant behind brands like Oreo and Cadbury, has experienced a significant drop in its stock price, underperforming the broader market. Despite its diverse product range and recent collaborations, the companys shares have fallen by nearly twenty percent over the past year, lagging behind the S&P five hundred indexs fifteen point eight percent increase. This bearish trend is evident as Mondelezs stock consistently trades below its moving averages, while competitors like The Hershey Company see gains.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.