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General Mills stock pops on raised guidance

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"With the consistent execution of its Accelerate strategy, General Mills is well-positioned to continue driving profitable growth and top-tier returns for its shareholders in the years to come," GIS said in a press release.


The strategists seem particularly baffled by a rally in growth stocks, which comes "at a time when interest rates have been on the rise again as the Fed indicates it is not finished fighting inflation."





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