DJ Archer Daniels Midland Co. Stock Underperforms Monday When Compared To Competitors
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Shares of Archer Daniels Midland Co. $(ADM)$ shed 1.20% to $52.71 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
The stock's fall snapped a three-day winning streak.
Archer Daniels Midland Co. closed $24.64 short of its 52-week high ($77.35), which the company achieved on December 14th.
The stock underperformed when compared to some of its competitors Monday, as Tyson Foods Inc. Cl A $(TSN.AU)$ rose 0.34% to $64.54, Conagra Brands Inc. $(CAG)$ fell 0.34% to $26.61, and Bunge Global S.A. $(BG)$ rose 1.55% to $91.31.
Trading volume (2.6 M) remained 307,186 below its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 17:05 ET (22:05 GMT)
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