PepsiCo Inc. Stock Falls Tuesday, Underperforms Market
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Shares of PepsiCo Inc. (PEP) shed 0.05% to $174.09 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.92% to 4,713.07 and the Dow Jones Industrial Average rising 0.51% to 36,252.02. The stock's fall snapped a five-day winning streak. PepsiCo Inc. closed $1.75 short of its 52-week high ($175.84), which the company reached on January 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Nestle S.A. ADR (NESN.EB) rose 0.20% to $132.27, Coca-Cola Co. (KO) rose 0.03% to $60.45, and Unilever PLC ADR (ULVR.LN) fell 0.52% to $53.95. Trading volume (6.5 M) eclipsed its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2022.
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(END) Dow Jones Newswires
January 11, 2022 17:16 ET (22:16 GMT)
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