MDLZ - Why Mondelez International (MDLZ) Stock Is Nosediving | Benzinga
MONDELEZ INTERNATIONAL INC Common Stock (NASDAQ: MDLZ) shares are trading lower by 5.6% to $61.41 Friday morning. Shares of several soft drink and food stocks are trading lower in possible reaction to comments from Walmart suggesting weight-loss drugs are impacting food sales.
If consumers are becoming more health-conscious and are actively seeking out weight-loss drugs or products to help with weight management, it may lead to reduced demand for certain food products, especially those perceived as less ...
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