DJ Hormel Foods Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Hormel Foods Corp. $(HRL)$ rose 1.10% to $30.27 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.70% to 5,614.56 and Dow Jones Industrial Average falling 2.08% to 41,911.71.
This was the stock's third consecutive day of gains.
Hormel Foods Corp. closed 17.88% below its 52-week high of $36.86, which the company reached on May 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as PepsiCo Inc. $(PEP)$ rose 1.17% to $156.25, Mondelez International Inc. Cl A $(MDLZ)$ rose 0.61% to $68.15, and Kraft Heinz Co. $(KHC)$ rose 0.12% to $32.22.
Trading volume (3.6 M) eclipsed its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2025.
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(END) Dow Jones Newswires
March 10, 2025 17:13 ET (21:13 GMT)
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