DJ Archer Daniels Midland Co. Stock Underperforms Friday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Archer Daniels Midland Co. $(ADM)$ slid 1.48% to $60.10 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.02% to 5,099.96 and the Dow Jones Industrial Average rising 0.40% to 38,239.66.
This was the stock's fifth consecutive day of losses.
Archer Daniels Midland Co. closed $27.20 below its 52-week high ($87.30), which the company reached on July 26th.
The stock underperformed when compared to some of its competitors Friday, as Tyson Foods Inc. Cl A $(TSN.AU)$ fell 0.43% to $60.63, Conagra Brands Inc. $(CAG)$ fell 0.61% to $31.08, and Bunge Global S.A. $(BG)$ fell 1.28% to $102.73.
Trading volume (2.7 M) remained 2.2 million below its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 26, 2024.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
April 26, 2024 17:02 ET (21:02 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments