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Shares of PepsiCo Inc. (PEP) inched 0.35% higher to $172.97 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.14% to 4,793.06 and the Dow Jones Industrial Average rising 0.25% to 36,488.63. This was the stock's third consecutive day of gains. PepsiCo Inc. closed $0.59 below its 52-week high ($173.56), which the company achieved on December 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Nestle S.A. ADR (NESN.EB) rose 0.14% to $140.74, Coca-Cola Co. (KO) rose 0.51% to $58.95, and Unilever PLC ADR (ULVR.LN) rose 0.17% to $53.62. Trading volume (2.2 M) remained 1.9 million below its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2021.
(END) Dow Jones Newswires
December 29, 2021 17:16 ET (22:16 GMT)
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