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Shares of PepsiCo Inc. (PEP) inched 0.60% higher to $173.71 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.26% to 4,766.18 and Dow Jones Industrial Average falling 0.16% to 36,338.30. PepsiCo Inc. hit a new 52-week high, surpassing its previous peak of $173.62, which the company reached on December 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Nestle S.A. ADR (NESN.EB) rose 0.65% to $140.37, Coca-Cola Co. (KO) rose 0.73% to $59.21, and Unilever PLC ADR (ULVR.LN) rose 0.39% to $53.79. Trading volume (2.9 M) remained 1.2 million below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 31, 2021.
(END) Dow Jones Newswires
December 31, 2021 17:16 ET (22:16 GMT)
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