Hormel Foods Corp. Stock Falls Wednesday, Underperforms Market
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Shares of Hormel Foods Corp. (HRL) shed 0.02% to $49.85 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.13% to 4,210.24 and the Dow Jones Industrial Average rising 1.63% to 33,309.51. The stock's fall snapped a two-day winning streak.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Tyson Foods Inc. Cl A (TSN) fell 0.70% to $79.36, Conagra Brands Inc. (CAG) rose 0.29% to $34.41, and JBS S/A ADR (JBSS3.BR) rose 4.82% to $11.96. Trading volume (1.3 M) remained 347,289 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 10, 2022.
(END) Dow Jones Newswires
August 10, 2022 16:58 ET (20:58 GMT)
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