Kraft Heinz Stock Rises
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Kraft Heinz (NasdaqGS:KHC) recently amended their credit agreement, extending the maturity date for their $4 billion revolving credit facility. This development, although financially significant, did not impact the company’s stock price,
Shares of Kraft Heinz Co. KHC slipped 2.18% to $26.08 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.79% to 6,229.98 and Dow Jones Industrial Average DJIA falling 0.94% to 44,406.36.
Kraft Heinz’s Declining Volume Raises Concerns Kraft Heinz has been experiencing weak volume performance over the past few quarters, with the trend continuing into the third quarter.
Most readers would already know that Kraft Heinz's (NASDAQ:KHC) stock increased by 6.6% over the past three months. As most would know, long-term fundamentals have a strong correlation with market ...