Hormel Foods Corp. Stock Sheds 10.2%, Underperforms Peers
Dow Jones2026/08/27 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Hormel Foods Corp. tumbled 10.2% to $21.28 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,730.99 and the Dow Jones Industrial Average rising 0.2% to 53,569.44.
This was the stock's third consecutive day of losses.
Hormel Foods Corp. closed 26.9% below its 52-week high of $29.10, which the company reached on August 27th.
The stock underperformed when compared to some of its peers, as PepsiCo Inc. fell 1.7% to $139.72, Mondelez International Inc. Cl A fell 0.9% to $62.43, and Kraft Heinz Co. rose 1.37% to $25.13.
Trading volume totaled 18.5 million, compared to the 50-day average of 4.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 27, 2026 16:33 ET (20:33 GMT)
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