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Mondelēz Stock Is Scaling New Heights: What’s Driving It?

Amit Singh
Mondelēz Stock Is Scaling New Heights: What’s Driving It?

Shares of Mondelēz International (MDLZ) are scaling new heights thanks to its stellar gains so far this year. Mondelēz stock is up 38.0% on a YTD (year-to-date) basis, and it closed at $55.25—just a shade lower than its 52-week high of $55.71—on June 21.