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Shares of PepsiCo Inc. (PEP) inched 0.34% higher to $173.82 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.94% to 4,700.58 and Dow Jones Industrial Average falling 1.07% to 36,407.11. This was the stock's second consecutive day of gains. PepsiCo Inc. closed $0.63 below its 52-week high ($174.45), which the company reached on January 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Nestle S.A. ADR (NESN.EB) fell 3.42% to $136.30, Coca-Cola Co. (KO) rose 0.83% to $60.79, and Unilever PLC ADR (ULVR.LN) fell 0.19% to $53.70. Trading volume (6.6 M) eclipsed its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2022.
(END) Dow Jones Newswires
January 05, 2022 17:16 ET (22:16 GMT)
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