Mondelez drops, Philip Morris on an upswing, Hasbro soars
Let’s check out the Yahoo Finance charts of the day.
Mondelez (MDLZ): Shares are down in early trade, at around .43X%. Mondelez has voluntarily begun recalling some Ritz Crackers sandwiches and Ritz Bits cracker products over possible salmonella contamination.
Philip Morris International (PM): Shares up here at around 3.05%. Société Générale downgrades the tobacco producer’s stock from a Buy to Hold on concerns over the introduction by the company of reduced risk products.
Hasbro (HAS): Shares up here at around 11.26%. The Monopoly maker topped Wall Street estimates for profit and revenue in the second quarter. The performance came despite a drop in profit and revenue from a year ago due largely to the bankruptcy and liquidation of the Toys “R” Us chain.
For more on today’s big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.