DJ Hormel Foods Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hormel Foods Corp. $(HRL)$ rallied 2.68% to $31.44 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 4.84% to 5,396.52 and Dow Jones Industrial Average falling 3.98% to 40,545.93.
The stock's rise snapped a two-day losing streak.
Hormel Foods Corp. closed 14.70% short of its 52-week high of $36.86, which the company achieved on May 20th.
The stock outperformed some of its competitors Thursday, as PepsiCo Inc. $(PEP)$ rose 1.51% to $151.37, Mondelez International Inc. Cl A $(MDLZ)$ rose 2.68% to $67.90, and Kraft Heinz Co. $(KHC)$ rose 2.26% to $30.81.
Trading volume (3.8 M) eclipsed its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2025.
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(END) Dow Jones Newswires
April 03, 2025 17:08 ET (21:08 GMT)
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