Shares closed at $70.20 on Thursday as the S&P 500 gained 1.02% to 7,209.01 and the Dow rose 1.62% to 49,652.14.
The stock finished 16.87% below its 52-week high of $84.45 reached on 17 February.
Among peers, Colgate-Palmolive, Dow and DuPont also advanced, while IFF trading volume of 1.4 million shares stayed below its 50-day average of 1.6 million.
With conflicting analyst ratings, is IFF an undervalued tech play or a legacy giant facing a painful, uncertain turnaround?
As IFF sells its food business, will its high-tech bet on AI-driven scents and flavors pay off for investors?