J.M. Smucker Co. stock slips 1.08% in mixed session

10 articles · Updated · MarketWatch · May 1

Shares closed at $96.97 as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones Industrial Average fell 0.31% to 49,499.27.
The stock finished 18.78% below its 52-week high of $119.39, reached on 26 February.
Against peers, Mondelez fell 0.11% to $61.37, Kraft Heinz dropped 0.75% to $22.49 and General Mills declined 1.67% to $34.72.

After a billion-dollar write-down, can Smucker's prove its massive Hostess acquisition wasn't a colossal mistake?

With an activist investor on its board, is Smucker's strategic pivot a genuine new vision or a forced correction?