DJ Archer Daniels Midland Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of Archer Daniels Midland Co. $(ADM)$ inched 0.30% higher to $53.08 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.54% to 6,051.25 and Dow Jones Industrial Average falling 0.53% to 43,914.12.
This was the stock's fourth consecutive day of gains.
Archer Daniels Midland Co. closed $24.27 short of its 52-week high ($77.35), which the company reached on December 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Tyson Foods Inc. Cl A $(TSN.AU)$ fell 1.16% to $61.20, Conagra Brands Inc. $(CAG)$ rose 1.23% to $28.07, and Bunge Global S.A. $(BG)$ fell 1.42% to $83.59.
Trading volume (2.8 M) remained 89,384 below its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 12, 2024.
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(END) Dow Jones Newswires
December 12, 2024 17:05 ET (22:05 GMT)
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