Shares of Conagra Brands Inc. CAG inched 0.03% higher to $37.92 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.12% to 4,200.88 and the Dow Jones Industrial Average DJIA rising 0.41% to 34,464.64. The stock's rise snapped a two-day losing streak. Conagra Brands Inc. closed $1.42 short of its 52-week high ($39.34), which the company achieved on August 27th.
The stock outperformed some of its competitors Thursday, as PepsiCo Inc. PEP fell 1.21% to $146.51, Mondelez International Inc. Cl A MDLZ fell 0.50% to $63.31, and General Mills Inc. GIS fell 0.88% to $62.28. Trading volume (4.0 M) eclipsed its 50-day average volume of 3.2 M.