PepsiCo Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of PepsiCo Inc. (PEP) sank 0.72% to $173.94 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.10% to 4,482.73 and Dow Jones Industrial Average falling 0.89% to 34,715.39. PepsiCo Inc. closed $2.02 below its 52-week high ($175.96), which the company achieved on January 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Nestle S.A. ADR (NESN.EB) rose 0.05% to $131.41, Coca-Cola Co. (KO) fell 0.41% to $60.75, and Unilever PLC ADR (ULVR.LN) fell 1.28% to $49.40. Trading volume (6.2 M) eclipsed its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 20, 2022.
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(END) Dow Jones Newswires
January 20, 2022 17:16 ET (22:16 GMT)
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