Shares of J.M. Smucker Co. /zigman2/quotes/203835894/composite SJM +0.14% slipped 1.00% to $132.30 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.84% rising 0.23% to 4,701.46 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -1.51% falling 0.03% to 35,804.38. The stock's fall snapped a two-day winning streak. J.M. Smucker Co. closed $8.35 short of its 52-week high ($140.65), which the company reached on June 4th.
The stock underperformed when compared to some of its competitors Wednesday, as Kraft Heinz Co. /zigman2/quotes/203625533/composite KHC -1.55% fell 0.65% to $35.19, General Mills Inc. /zigman2/quotes/206659526/composite GIS -0.92% fell 0.22% to $63.30, and Conagra Brands Inc. /zigman2/quotes/200394144/composite CAG +0.54% rose 0.22% to $31.60. Trading volume (1.1 M) eclipsed its 50-day average volume of 737,179.