DJ Archer Daniels Midland Co. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Archer Daniels Midland Co. $(ADM)$ slumped 0.94% to $49.38 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
This was the stock's fifth consecutive day of losses.
Archer Daniels Midland Co. closed $24.64 below its 52-week high ($74.02), which the company achieved on January 3rd.
Despite its losses, the stock outperformed some of its competitors Thursday, as Tyson Foods Inc. Cl A $(TSN.AU)$ fell 1.29% to $58.20, Conagra Brands Inc. $(CAG)$ fell 2.05% to $26.81, and Bunge Global S.A. $(BG)$ fell 1.53% to $77.92.
Trading volume (3.1 M) eclipsed its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 17:09 ET (22:09 GMT)
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