General Mills Trading Volume Surges 42.77% to $342 Million Ranking 249th Despite Stock Price Decline
1min read On March 28, 2025, general mills (GIS) saw a significant increase in trading volume, with a total of $342 million in shares exchanged, marking a 42.77% rise from the previous day. This surge placed General Mills at the 249th position in terms of trading volume for the day. However, the stock price of General Mills declined by 0.92%.
General Mills reported net sales of $5.12 billion for the quarter, which was nearly flat compared to the same period last year but in line with analyst expectations. The company has been focusing on technology investments to enhance its operations and adapt to the changing market landscape. This strategic move is part of their broader approach to navigating the challenges posed by the pandemic and ensuring business continuity.
Ask Aime: Why did General Mills see a surge in trading volume despite a decline in stock price?
