PepsiCo Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of PepsiCo Inc. (PEP) slid 0.42% to $172.98 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.64% to 4,796.56 and the Dow Jones Industrial Average rising 0.68% to 36,585.06. PepsiCo Inc. closed $1.04 below its 52-week high ($174.02), which the company reached on December 31st.
The stock underperformed when compared to some of its competitors Monday, as Nestle S.A. ADR (NESN.EB) rose 0.26% to $140.74, Coca-Cola Co. (KO) rose 0.15% to $59.30, and Unilever PLC ADR (ULVR.LN) rose 0.50% to $54.06. Trading volume (5.5 M) eclipsed its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2022.
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January 03, 2022 17:16 ET (22:16 GMT)
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