Dallas, Texas 11/21/2013 (Financialstrend) – In Wednesday’s trading session, Mondelez International Inc (NASDAQ:MDLZ) dropped by 0.68%. The opening price of the shares was $33.77, which climbed to an intraday high of $34.01 and headed to close at $33.49. Approximately 6.38 million shares were traded on Wednesday while the average-volume of 9.40 million shares were traded over a 30 day period. The 52-week low of Mondelez International Inc (NASDAQ:MDLZ) shares is $25.00 while the 52-week high is $34.30. The company has a market capitalization of $59.63 billion.
About the company
Mondelez International Inc (NASDAQ:MDLZ) was formed on 7th December 2000. It is a snack-manufacturing company. It manufactures & markets food & beverage products for its consumers in around 165 countries across the world. Mondelez International Inc (NASDAQ:MDLZ) produces chocolates, biscuits, candy as well as various powdered beverages, coffee and gum. Its portfolio covers 9 brands like Oreo, Nabisco & LU biscuits; Cadbury Dairy Milk, Milka, Trident gum, Cadbury chocolates, Jacobs coffee; as well as Tang powdered-beverage. In addition to this, its portfolio of snack-foods & refreshments includes 52-brands. Mondelez International Inc (NASDAQ:MDLZ) manages its international business via 3 geographic units: one- Developing Markets, two- Europe and three- North America. On 1st October 2012 it completed spin-off of the North American grocery-business, Kraft Foods Group, Inc.
Mondelez International Inc (NASDAQ:MDLZ)’s products are normally sold to supermarket-chains and supercenters. The company also sells its varied products to wholesalers, club stores, convenience stores and mass merchandisers. A number of distributors, gasoline-stations, value stores, drug stores & other retail food outlets. Also sell and distribute the company’s products. Mondelez International Inc (NASDAQ:MDLZ) distributes all its diverse its products via the direct store delivery, as well as company owned & its satellites warehouses, distribution-centers and other facilities. It also uses the services of various independent sales-offices & agents in some global locations.
