Shares of International Flavors & Fragrances Inc. IFF,
slipped 2.15% to $122.73 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX,
falling 0.02% to 4,391.69 and Dow Jones Industrial Average DJIA,
falling 0.11% to 34,411.69. This was the stock’s second consecutive day of losses. International Flavors & Fragrances Inc. closed $34.35 below its 52-week high ($157.08), which the company achieved on August 11th.
The stock underperformed when compared to some of its competitors Monday, as Procter & Gamble Co. PG,
fell 0.95% to $157.06, L’Oreal SA ADR LRLCY,
fell 0.28% to $77.26, and Estee Lauder Cos. Cl TO EL,
rose 0.09% to $264.12. Trading volume (1.3 M) remained 430,021 below its 50-day average volume of 1.7 M.