DJ Hormel Foods Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Hormel Foods Corp. $(HRL)$ slipped 2.35% to $28.73 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.01% to 5,956.06 and the Dow Jones Industrial Average falling 0.43% to 43,433.12.
Hormel Foods Corp. closed 22.06% below its 52-week high of $36.86, which the company reached on May 20th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as PepsiCo Inc. $(PEP)$ fell 3.14% to $151.51, Mondelez International Inc. Cl A $(MDLZ)$ fell 3.69% to $63.45, and Kraft Heinz Co. $(KHC)$ fell 3.50% to $30.62.
Trading volume (4.3 M) eclipsed its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 26, 2025.
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February 26, 2025 17:14 ET (22:14 GMT)
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