DJ Hormel Foods Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Hormel Foods Corp. $(HRL)$ slid 1.42% to $29.23 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 43,461.21 and the S&P 500 Index falling 0.50% to 5,983.25.
The stock's fall snapped a three-day winning streak.
Hormel Foods Corp. closed 20.70% short of its 52-week high of $36.86, which the company reached on May 20th.
The stock underperformed when compared to some of its competitors Monday, as PepsiCo Inc. $(PEP)$ rose 0.23% to $153.85, Mondelez International Inc. Cl A $(MDLZ)$ rose 1.07% to $65.36, and Kraft Heinz Co. $(KHC)$ rose 0.74% to $31.36.
Trading volume (4.3 M) eclipsed its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2025.
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February 24, 2025 17:14 ET (22:14 GMT)
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