30.70
price up icon1.49%   0.45
pre-market  Pre-mercato:  30.80   0.10   +0.33%
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Perché le azioni Hormel Foods Corp (HRL) sono in ribasso?

2023-10-12:

Hormel Foods Corporation Stock (HRL) dropped by 9.83% from $36.23 to $32.67 in the trading on Thursday October 12, 2023. The reasons why HRL stock down today include

  • Long-term forecast: Hormel's goal of adding $250 million in operating income by 2026, or a compound annual growth rate of 5% to 7%, seemed to fall short of investor expectations.
  • Deal with the union: Hormel had renegotiated its contract with the United Food and Commercial Workers International Union to give the largest wage increase in the company's history, at $3 to $6/hour, which seemed to cause HRL stock down today.
packaged_foods MKC
$77.17
price up icon 1.78%
packaged_foods PPC
$45.49
price up icon 1.13%
packaged_foods CAG
$21.05
price up icon 2.83%
packaged_foods SJM
$102.95
price up icon 4.84%
packaged_foods CPB
$31.69
price up icon 3.39%
Capitalizzazione:     |  Volume (24 ore):