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Conagra Brands Inc. stock outperforms competitors on strong trading day

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Terrence Horan

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Shares of Conagra Brands Inc. CAG rallied 1.93% to $33.80 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA rising 1.56% to 34,912.56. The stock's rise snapped a five-day losing streak. Conagra Brands Inc. closed $5.29 short of its 52-week high ($39.09), which the company achieved on June 3rd.

The stock outperformed some of its competitors Thursday, as PepsiCo Inc. PEP rose 0.80% to $159.26,...