Seeking Alpha

Mondelez International unfazed by high-profile investor sales

  • Shares of Mondelez International (MDLZ) are up 1.6% premarket as investors seem unperturbed by Pershing Square exiting its position in the stock and Berkshire Hathaway lightening up.
  • A generous buyback program and an emboldened Nelson Peltz could be adding support to sentiment on Mondelez.
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