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Shares of PepsiCo Inc. (PEP) inched 0.96% higher to $164.30 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.65% to 4,660.57 and the Dow Jones Industrial Average rising 0.29% to 36,157.58. This was the stock's second consecutive day of gains. PepsiCo Inc. hit a new 52-week high, surpassing its previous peak of $162.81, which the company achieved on November 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Nestle S.A. ADR (NESN.EB) rose 1.84% to $134.33, Coca-Cola Co. (KO) rose 0.34% to $56.29, and Unilever PLC ADR (ULVR.LN) rose 0.45% to $54.06. Trading volume (3.6 M) remained 331,015 below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 3, 2021.
(END) Dow Jones Newswires
November 03, 2021 17:15 ET (21:15 GMT)
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