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MDLZ stock price surged 0.21% in the last Intraday session and closed at $65.69.
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Mondelez stock price recovered over 7.5% in the last eight intraday sessions.
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Mondelez International Inc. is yet to announce quarterly results on Wednesday, 1st November.
Mondelez stock price surged 0.21% on Wednesday and continued to recover from the recent decline. The MDLZ stock price has recovered more than 7.5% in the past week. The recent decline had turned the short-term outlook from neutral to bearish.
Moreover, the stock price registered a sharp fall after the dividends. The stock price slumped over 11% in a very short span. The price fell from $69.20 to a low of $61.12. The price trend analysis shows that the stock price has been in a continuous decline in the current quarter.
The MDLZ stock price reached a high of $76.7 and it could not surpass it for the whole quarter. The price kept declining continuously forming lower highs. The
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