The Magnum Ice Cream closed at $20.14 on Nov 4, up 3.87%, 1.4% below its highest close since Dec 8. Volume of 822.7K shares was 0.96× its 20-day average (close to normal).
Split-adjusted performance: +17.2% over one month, +33.6% over six months.
Short interest was 7.7M shares at the Oct 15 settlement, down 16.6% from the prior report (8.6 days to cover).
The Magnum Ice Cream Co., spun off from Unilever, manufactures and sells a broad portfolio of ice cream brands. The company is a global category leader, operating in 80 countries with around 21% market share.
What is MICC's market cap?
$12.16B, based on the Nov 4 close of $20.14.
Does The Magnum Ice Cream pay a dividend?
No regular cash dividend has been paid in the last year.
About The Magnum Ice Cream
The Magnum Ice Cream Co., spun off from Unilever, manufactures and sells a broad portfolio of ice cream brands. The company is a global category leader, operating in 80 countries with around 21% market share. TMICC owns four of the world's five largest ice cream brands: Heartbrand (an umbrella brand with numerous well-known subbrands, which constitutes around 35% of sales), Magnum (23%), Ben & Jerry's (14%), and Cornetto (9%). The business generates about 65% of its revenue in developed markets, with the balance coming from emerging markets.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology
