Shares of Hormel Foods Corp. HRL slipped 0.42% to $49.43 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.88% to 4,229.89 and the Dow Jones Industrial Average DJIA rising 0.52% to 34,756.39. The stock's fall snapped a two-day winning streak. Hormel Foods Corp. closed $3.54 short of its 52-week high ($52.97), which the company achieved on August 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Tyson Foods Inc. Cl A TSN fell 0.66% to $78.65, Conagra Brands Inc. CAG rose 0.28% to $38.92, and JBS S/A ADR JBSAY fell 1.50% to $11.82. Trading volume (1.8 M) remained 296,028 below its 50-day average volume of 2.1 M.