DJ Hormel Foods Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Hormel Foods Corp. $(HRL)$ slipped 2.40% to $29.26 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.76% to 5,767.57 and the Dow Jones Industrial Average rising 1.42% to 42,583.32.
Hormel Foods Corp. closed 20.62% short of its 52-week high of $36.86, which the company achieved on May 20th.
The stock underperformed when compared to some of its competitors Monday, as PepsiCo Inc. $(PEP)$ rose 0.69% to $146.45, Mondelez International Inc. Cl A $(MDLZ)$ rose 0.68% to $64.95, and Kraft Heinz Co. $(KHC)$ fell 1.36% to $29.12.
Trading volume (4.1 M) eclipsed its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2025.
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March 24, 2025 17:10 ET (21:10 GMT)
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