Why Has Mondelez International Stock Underperformed The S&P Since 2018?
- Monday, May 2, 2022, 7:23
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Mondelez International Inc. stock price rose around 1.65x from $40 in 2018 end to $66 currently, primarily due to favorable changes in its P/S multiple. During this period, the company also witnessed a slight rise in revenues, and a drop in the outstanding share count, which also supported the…