Mondelez Rips Higher on a Q1 Beat as Cocoa Pressure Finally Starts to Crack
30/4 18:35
Mondelez International (NASDAQ: MDLZ) is up more than 5% after the company delivered strong first-quarter earnings. The report came on a day when oil prices were moving higher, which was causing investors to seek out value stocks. At 32x earnings, some investors would push bac...