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Why General Mills' Shares Jumped 15.1% in the First Half of 2020

Why General Mills' Shares Jumped 15.1% in the First Half of 2020

Shares of General Mills (NYSE: GIS) were up 15.1% in the first half of 2020, according to data provided by S&P Global Market Intelligence, as the company performed well during the COVID-19 pandemic. Convenience and food-service sales struggled as restaurant sales declined, resulting in a 24% drop. It's hard to see how General Mills doesn't come out of COVID-19 a winner when compared with most other companies.