DJ Hormel Foods Corp. Stock Falls Wednesday, Underperforms Market
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Shares of Hormel Foods Corp. $(HRL)$ shed 1.45% to $34.73 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.11% to 5,211.49 and the Dow Jones Industrial Average falling 0.11% to 39,127.14.
The stock's fall snapped a five-day winning streak.
Hormel Foods Corp. closed $7.00 short of its 52-week high ($41.73), which the company achieved on August 14th.
Trading volume (3.3 M) remained 208,920 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2024.
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(END) Dow Jones Newswires
April 03, 2024 17:12 ET (21:12 GMT)
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