Hershey Declines 10% From 52-Week High: Will the Stock Rebound?
HSYHershey(HSY) ZACKS·2024-09-28 00:10

The Hershey Company (HSY) has faced challenges over the last six months, experiencing a stock price decline of 0.7%. This stands in contrast with the broader industry which experienced a slight decline of 1%, while the S&P 500 index showed a notable gain of 8.2%.Image Source: Zacks Investment ResearchClosing at $190.52 yesterday, the stock declined 10.1% from its 52-week high of $211.92. Also, the stock has fallen below critical technical thresholds, including its 50-day and 200-day moving averages. This mo ...