Shares of Hormel Foods Corp. HRL shed 0.47% to $48.78 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.19% to 4,195.99 and the Dow Jones Industrial Average DJIA rising 0.03% to 34,323.05. This was the stock's third consecutive day of losses. Hormel Foods Corp. closed $4.19 short of its 52-week high ($52.97), which the company reached on August 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Tyson Foods Inc. Cl A TSN fell 0.76% to $79.60, Conagra Brands Inc. CAG fell 0.52% to $37.91, and JBS S/A ADR JBSAY rose 1.10% to $11.50. Trading volume (1.9 M) remained 151,542 below its 50-day average volume of 2.1 M.