DJ Hormel Foods Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hormel Foods Corp. $(HRL)$ advanced 2.67% to $29.58 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.12% to 5,712.20 and Dow Jones Industrial Average falling 0.31% to 42,454.79.
The stock's rise snapped a two-day losing streak.
Hormel Foods Corp. closed 19.75% below its 52-week high of $36.86, which the company reached on May 20th.
The stock outperformed some of its competitors Wednesday, as PepsiCo Inc. $(PEP)$ rose 2.13% to $148.64, Mondelez International Inc. Cl A $(MDLZ)$ rose 2.54% to $66.33, and Kraft Heinz Co. $(KHC)$ rose 2.03% to $29.69.
Trading volume (2.2 M) remained 1.0 million below its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 26, 2025.
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(END) Dow Jones Newswires
March 26, 2025 17:12 ET (21:12 GMT)
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