Shares of Hormel Foods Corp. /zigman2/quotes/209170265/composite HRL +0.02% inched 0.81% higher to $48.67 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.42% rising 0.47% to 4,239.18 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.44% rising 0.06% to 34,466.24. The stock's rise snapped a four-day losing streak. Hormel Foods Corp. closed $4.30 short of its 52-week high ($52.97), which the company achieved on August 24th.
The stock outperformed some of its competitors Thursday, as Tyson Foods Inc. Cl A /zigman2/quotes/201117502/composite TSN +0.43% fell 0.59% to $76.94, Conagra Brands Inc. /zigman2/quotes/200394144/composite CAG -0.36% fell 0.38% to $37.17, and JBS S/A ADR /zigman2/quotes/202071443/delayed JBSAY +0.48% fell 0.68% to $11.63. Trading volume (1.9 M) remained 144,181 below its 50-day average volume of 2.1 M.