DJ Hormel Foods Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hormel Foods Corp. $(HRL)$ rallied 2.97% to $29.48 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.76% to 5,849.72 and Dow Jones Industrial Average falling 1.48% to 43,191.24.
This was the stock's second consecutive day of gains.
Hormel Foods Corp. closed 20.02% below its 52-week high of $36.86, which the company reached on May 20th.
The stock outperformed some of its competitors Monday, as PepsiCo Inc. $(PEP)$ rose 1.64% to $155.99, Mondelez International Inc. Cl A $(MDLZ)$ rose 2.41% to $65.78, and Kraft Heinz Co. $(KHC)$ rose 1.99% to $31.32.
Trading volume (3.6 M) eclipsed its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2025.
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(END) Dow Jones Newswires
March 03, 2025 17:13 ET (22:13 GMT)
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