Mondelez International, Inc. (MDLZ), a Chicago-based global snacks company with a market cap of $95.9 billion, operates across six continents and offers a diverse range of snack food and beverage products. Teaming up with Post Consumer Brands, they have also introduced new breakfast cereals inspired by cookies.
Shares of the multinational confectionery have significantly underperformed the broader market over the past 52 weeks. MDLZ has declined 8.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 26.2%. In 2024, shares of MDLZ are down 1.7%, compared to SPX's 9.5% gains on a YTD basis.
