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Shares of Archer Daniels Midland Co. (ADM) slipped 1.72% to $58.99 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.95% to 4,395.64 and the Dow Jones Industrial Average rising 1.00% to 34,258.32. This was the stock's fourth consecutive day of losses. Archer Daniels Midland Co. closed $10.31 below its 52-week high ($69.30), which the company reached on June 7th.
The stock underperformed when compared to some of its competitors Wednesday, as Tyson Foods Inc. Cl A (TSN) fell 0.05% to $75.48, BRF S.A. ADR (BRFS3.BR) rose 0.23% to $4.39, and Bunge Ltd. (BG) rose 0.23% to $77.29. Trading volume (3.8 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 22, 2021.
(END) Dow Jones Newswires
September 22, 2021 16:34 ET (20:34 GMT)
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