PepsiCo Inc. Stock Rises Wednesday, Outperforms Market
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Shares of PepsiCo Inc. (PEP) inched 0.72% higher to $175.21 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.97% to 4,532.76 and Dow Jones Industrial Average falling 0.96% to 35,028.65. PepsiCo Inc. closed $0.73 short of its 52-week high ($175.94), which the company achieved on January 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Nestle S.A. ADR (NESN.EB) fell 1.44% to $131.35, Coca-Cola Co. (KO) rose 0.16% to $61.00, and Unilever PLC ADR (ULVR.LN) rose 7.73% to $50.04. Trading volume (6.4 M) eclipsed its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2022.
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January 19, 2022 17:16 ET (22:16 GMT)
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