DJ Lamb Weston Holdings Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Lamb Weston Holdings Inc. $(LW)$ rallied 1.04% to $79.99 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
This was the stock's third consecutive day of gains.
Lamb Weston Holdings Inc. closed $31.89 short of its 52-week high ($111.88), which the company achieved on January 4th.
The stock outperformed some of its competitors Wednesday, as Mondelez International Inc. Cl A $(MDLZ)$ fell 3.88% to $66.37, Kraft Heinz Co. $(KHC)$ fell 0.27% to $33.42, and General Mills Inc. $(GIS)$ fell 3.40% to $65.99.
Trading volume (1.9 M) remained 608,082 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 17:19 ET (22:19 GMT)
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