Shares of International Flavors & Fragrances Inc. /zigman2/quotes/206698429/composite IFF -0.94% rallied 2.85% to $132.60 Wednesday, 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 -0.22% rising 1.45% to 4,587.18 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.33% rising 0.86% to 35,768.06. This was the stock's third consecutive day of gains. International Flavors & Fragrances Inc. closed $24.48 below its 52-week high ($157.08), which the company achieved on August 11th.
The stock outperformed some of its competitors Wednesday, as Procter & Gamble Co. /zigman2/quotes/202894679/composite PG -0.18% fell 0.23% to $159.60, L'Oreal S.A. ADR /zigman2/quotes/203477983/composite LRLCY -1.48% rose 2.19% to $86.37, and Estee Lauder Cos. Cl A /zigman2/quotes/200740220/composite EL +2.05% rose 1.57% to $320.04. Trading volume (2.4 M) eclipsed its 50-day average volume of 1.5 M.