Why Archer-Daniels-Midland Stock Gained Today

Archer-Daniels-Midland (ADM 3.93%) published its fourth-quarter earnings results before the market opened Tuesday, and investors sent the stock higher. The agricultural commodities company's share price closed out the session up by 3.9%, according to data from S&P Global Market Intelligence.ADM's stock gained ground despite the fact that its Q4 performance missed expectations. It posted non-GAAP (adjusted) earnings of $1.36 per share on revenue of $22.98 billion. The analysts' average estimates had called f ...