Shares of International Flavors & Fragrances Inc. /zigman2/quotes/206698429/composite IFF -5.90% slid 0.52% to $133.40 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.42% rising 0.94% to 4,589.38 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.18% rising 0.63% to 35,629.33. The stock's fall snapped a two-day winning streak. International Flavors & Fragrances Inc. closed $23.68 below its 52-week high ($157.08), which the company achieved on August 11th.
The stock underperformed when compared to some of its competitors Wednesday, as Procter & Gamble Co. /zigman2/quotes/202894679/composite PG -0.23% rose 1.79% to $162.60, L'Oreal S.A. ADR /zigman2/quotes/203477983/delayed LRLCY -0.18% rose 0.84% to $86.05, and Estee Lauder Cos. Cl A /zigman2/quotes/200740220/composite EL -1.68% rose 1.32% to $319.17. Trading volume (2.3 M) eclipsed its 50-day average volume of 1.3 M.