DJ Hormel Foods Corp. Stock Falls Monday, Underperforms Market
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Shares of Hormel Foods Corp. $(HRL)$ slipped 1.82% to $32.34 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
This was the stock's fourth consecutive day of losses.
Hormel Foods Corp. closed $4.52 short of its 52-week high ($36.86), which the company reached on May 20th.
Trading volume (2.7 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 17:11 ET (22:11 GMT)
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