Shares of Conagra Brands Inc. CAG slumped 0.52% to $37.91 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.19% to 4,195.99 and the Dow Jones Industrial Average DJIA rising 0.03% to 34,323.05. This was the stock's second consecutive day of losses. Conagra Brands Inc. closed $1.43 short of its 52-week high ($39.34), which the company achieved on August 27th.
The stock underperformed when compared to some of its competitors Wednesday, as PepsiCo Inc. PEP remained unchanged, Mondelez International Inc. Cl A MDLZ fell 0.13% to $63.63, and General Mills Inc. GIS fell 0.03% to $62.83. Trading volume (1.8 M) remained 1.4 million below its 50-day average volume of 3.2 M.