DJ Hormel Foods Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Hormel Foods Corp. $(HRL)$ inched 0.53% higher to $31.99 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.49 and the Dow Jones Industrial Average rising 0.69% to 45,014.04.
The stock's rise snapped a two-day losing streak.
Hormel Foods Corp. closed $4.87 below its 52-week high ($36.86), which the company achieved on May 20th.
Trading volume (3.8 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 4, 2024.
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(END) Dow Jones Newswires
December 04, 2024 17:13 ET (22:13 GMT)
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