DJ Hormel Foods Corp. Stock Falls Friday, Underperforms Market
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Shares of Hormel Foods Corp. $(HRL)$ slid 1.19% to $32.47 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.25% to 6,090.27 and the Dow Jones Industrial Average falling 0.28% to 44,642.52.
The stock's fall snapped a two-day winning streak.
Hormel Foods Corp. closed $4.39 short of its 52-week high ($36.86), which the company reached on May 20th.
Trading volume (2.1 M) remained 122,459 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 2024.
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(END) Dow Jones Newswires
December 06, 2024 17:12 ET (22:12 GMT)
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