DJ Archer Daniels Midland Co. Stock Underperforms Monday When Compared To Competitors
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Shares of Archer Daniels Midland Co. $(ADM)$ dropped 0.56% to $62.63 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.02% to 5,221.42 and Dow Jones Industrial Average falling 0.21% to 39,431.51.
The stock's fall snapped a five-day winning streak.
Archer Daniels Midland Co. closed $24.67 below its 52-week high ($87.30), which the company reached on July 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Tyson Foods Inc. Cl A $(TSN.AU)$ remained unchanged, Conagra Brands Inc. $(CAG)$ fell 0.58% to $30.95, and Bunge Global S.A. $(BG)$ rose 1.49% to $107.61.
Trading volume (3.7 M) remained 1.3 million below its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 13, 2024.
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(END) Dow Jones Newswires
May 13, 2024 17:02 ET (21:02 GMT)
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