Shares of Campbell Soup Co. /zigman2/quotes/202107764/composite CPB +0.41% shed 0.71% to $42.20 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -2.27% rising 0.83% to 4,399.76 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -2.53% rising 0.98% to 34,754.94. This was the stock's second consecutive day of losses. Campbell Soup Co. closed $11.57 short of its 52-week high ($53.77), which the company reached on January 27th.
The stock underperformed when compared to some of its competitors Thursday, as Unilever PLC ADR /zigman2/quotes/204685760/composite UL +0.75% fell 0.23% to $52.93, Mondelez International Inc. Cl A /zigman2/quotes/201769764/composite MDLZ -1.74% fell 0.51% to $59.89, and McCormick & Co. Inc. Com. Vtg. /zigman2/quotes/203694994/composite MKC.V +0.26% rose 1.95% to $80.81. Trading volume (2.5 M) remained 455,534 below its 50-day average volume of 2.9 M.