DJ Hormel Foods Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Hormel Foods Corp. $(HRL)$ slipped 2.01% to $30.19 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.03% to 5,484.77 and the Dow Jones Industrial Average rising 1.23% to 40,093.40.
The stock's fall snapped a two-day winning streak.
Hormel Foods Corp. closed 18.10% below its 52-week high of $36.86, which the company achieved on May 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as PepsiCo Inc. $(PEP)$ fell 4.89% to $135.31, Mondelez International Inc. Cl A $(MDLZ)$ fell 2.76% to $65.52, and Kraft Heinz Co. $(KHC)$ fell 1.50% to $29.64.
Trading volume (1.9 M) remained 1.4 million below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 24, 2025.
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(END) Dow Jones Newswires
April 24, 2025 17:08 ET (21:08 GMT)
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