Archer Daniels Midland Co. Stock Rises Thursday, Still Underperforms Market
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Shares of Archer Daniels Midland Co. (ADM) inched 0.05% higher to $64.87 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,549.78 and the Dow Jones Industrial Average falling 0.02% to 35,603.08. This was the stock's third consecutive day of gains. Archer Daniels Midland Co. closed $4.43 short of its 52-week high ($69.30), which the company reached on June 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Tyson Foods Inc. Cl A (TSN) fell 0.05% to $81.19, BRF S.A. ADR (BRFS3.BR) fell 6.28% to $4.03, and Bunge Ltd. (BG) rose 0.13% to $87.69. Trading volume (1.5 M) remained 811,347 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2021.
(END) Dow Jones Newswires
October 21, 2021 16:34 ET (20:34 GMT)
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