Updated
Updated · MarketWatch · May 1
Hershey stock sheds 1.83% and underperforms competitors
Updated
Updated · MarketWatch · May 1

Hershey stock sheds 1.83% and underperforms competitors

4 articles · Updated · MarketWatch · May 1
  • Shares closed at $182.34 on Friday, marking a second straight daily loss as the S&P 500 rose 0.29% and the Dow fell 0.31%.
  • Hershey lagged PepsiCo, down 0.68%, Mondelez, down 0.11%, and J.M. Smucker, down 1.08% in a mixed trading session.
  • The stock finished 23.86% below its 52-week high of $239.48 reached on 2 March, while trading volume of 1.8 million stayed below its 50-day average.
Hershey's profits are soaring, so why is its stock price suddenly plummeting?
With cocoa prices finally falling, will your favorite Hershey's chocolate bar actually get cheaper?
Can Hershey's bet on salty snacks like SkinnyPop save it from the chocolate crisis?