DJ Hormel Foods Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Hormel Foods Corp. $(HRL)$ inched 0.32% higher to $31.68 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
The stock's rise snapped a seven-day losing streak.
Hormel Foods Corp. closed $5.18 below its 52-week high ($36.86), which the company achieved on May 20th.
Trading volume (4.8 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 17:17 ET (22:17 GMT)
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