Tyson Foods Inc. Cl a Stock Falls 4.4%, Underperforms Peers

Dow Jones08-01 04:35

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Tyson Foods Inc. Cl A shed 4.4% to $57.96 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,489.72 and the Dow Jones Industrial Average rising 0.5% to 52,485.03.

This was the stock's third consecutive day of losses.

Tyson Foods Inc. Cl A closed 16.6% below its 52-week high of $69.48, which the company reached on May 5th.

The stock underperformed when compared to some of its peers, as Mondelez International Inc. Cl A fell 1.2% to $62.31, Kraft Heinz Co. fell 2.0% to $25.85, and Hormel Foods Corp. fell 1.42% to $25.01.

Trading volume totaled 5.2 million, compared to the 50-day average of 3.4 million.

Data source: Dow Jones Market Data, FactSet

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