The Hershey Company Common Stoc (symbol: HSY) was one of the worst losers
of the trading day today (2016-08-30), losing -10.76%. The number of shares
that changed hands was 7,953,670, or about 5 times the average daily volume
in the stock.
The closing price was $99.65, amounting to a market cap of $21,240,000,000,
about -15.4% off the highest price in the last 12 months. The stock has
been trading at a range between $82.42 and $117.79.
HSY is in the Specialty Foods industry, part of the Consumer Non-Durables
sector.
Looking at its valuation, the stock is now trading at 29.18 times earnings.
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