DJ Archer Daniels Midland Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of Archer Daniels Midland Co. $(ADM)$ inched 0.83% higher to $49.84 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
The stock's rise snapped a four-day losing streak.
Archer Daniels Midland Co. closed $21.05 short of its 52-week high ($70.89), which the company reached on January 10th.
The stock outperformed some of its competitors Wednesday, as Tyson Foods Inc. Cl A $(TSN.AU)$ fell 0.22% to $55.46, Conagra Brands Inc. $(CAG)$ fell 0.11% to $26.60, and Bunge Global S.A. $(BG)$ fell 0.55% to $77.38.
Trading volume (3.5 M) eclipsed its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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(END) Dow Jones Newswires
January 08, 2025 17:10 ET (22:10 GMT)
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