Shares of J.M. Smucker Co. /zigman2/quotes/203835894/composite SJM -0.13% advanced 1.03% to $127.85 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.95% rising 1.42% to 4,577.10 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.38% rising 1.82% to 34,639.79. This was the stock's second consecutive day of gains. J.M. Smucker Co. closed $12.80 below its 52-week high ($140.65), which the company reached on June 4th.
The stock underperformed when compared to some of its competitors Thursday, as Kraft Heinz Co. /zigman2/quotes/203625533/composite KHC -1.34% rose 1.13% to $33.25, General Mills Inc. /zigman2/quotes/206659526/composite GIS +0.89% rose 2.33% to $62.86, and Conagra Brands Inc. /zigman2/quotes/200394144/composite CAG +0.26% rose 1.74% to $30.98. Trading volume (1.0 M) eclipsed its 50-day average volume of 719,697.