Shares of Hormel Foods Corp. HRL rallied 1.78% to $49.20 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.14% to 4,208.12 and the Dow Jones Industrial Average DJIA rising 0.07% to 34,600.38. The stock's rise snapped a six-day losing streak. Hormel Foods Corp. closed $3.77 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 rose 0.21% to $80.27, Conagra Brands Inc. CAG rose 1.81% to $38.87, and JBS S/A ADR JBSAY fell 0.33% to $12.10. Trading volume (2.0 M) remained 136,640 below its 50-day average volume of 2.1 M.