DJ Archer Daniels Midland Co. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Archer Daniels Midland Co. $(ADM)$ slipped 1.14% to $61.79 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.20% to 5,070.55 and the Dow Jones Industrial Average rising 0.69% to 38,503.69.
This was the stock's second consecutive day of losses.
Archer Daniels Midland Co. closed $25.51 below its 52-week high ($87.30), which the company achieved on July 26th.
The stock underperformed when compared to some of its competitors Tuesday, as Tyson Foods Inc. Cl A $(TSN.AU)$ rose 0.61% to $60.98, Conagra Brands Inc. $(CAG)$ rose 0.55% to $31.27, and Bunge Global S.A. $(BG)$ fell 0.12% to $109.62.
Trading volume (3.2 M) remained 1.8 million below its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2024.
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(END) Dow Jones Newswires
April 23, 2024 17:02 ET (21:02 GMT)
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