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Dupage Policy Journal

Thursday, November 21, 2024

Shares in TreeHouse Foods Inc. (THS:NYQ) unsteady in August

Stock market 14 edited

Shares in TreeHouse Foods Inc. (THS:NYQ) were unsteady on Wall Street in August.

The lowest share price reached in month was $44 compared to a high of $49.85.

TreeHouse Foods Inc. employs 10,000 people and has reported -$53,800,000 USD in income.

Despite a tumultuous year with the COVID-19 pandemic, the US stock market overall remained strong in 2021.

Tony Despirito at investment firm BlackRock said “Overall, companies have beat analyst expectations on both earnings per share and revenue growth. But the latter has been particularly strong.”

George Sweeney, a qualified financial advisor writing for The Motley Fool, cautioned the market will have to cool eventually, though it may not be a full crash as some predict.

“The market seems to flinch with any piece of news. My view is there could be a drop in the stock market...but only if there is some significant bad news or a global event.”

Nothing in this article is to be assumed as financial advice.

Shares are considered unsteady when they change more than 3% both up and down during the time frame.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Share price of TreeHouse Foods Inc. stocks in August

DateShare Asking Price
Aug. 31$46.65
Aug. 29$46.39
Aug. 26$46.95
Aug. 25$48.69
Aug. 22$48.69
Aug. 19$49.85
Aug. 12$47.6
Aug. 4$44
Aug. 2$44.67
Aug. 1$45

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