PepsiCo Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of PepsiCo Inc. (PEP) inched 0.16% higher to $174.22 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.89% to 4,397.94 and Dow Jones Industrial Average falling 1.30% to 34,265.37. PepsiCo Inc. closed $2.66 short of its 52-week high ($176.88), which the company achieved on January 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Nestle S.A. ADR (NESN.EB) rose 0.46% to $132.01, Coca-Cola Co. (KO) fell 0.49% to $60.45, and Unilever PLC ADR (ULVR.LN) fell 0.18% to $49.31. Trading volume (6.7 M) eclipsed its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 21, 2022.
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January 21, 2022 17:16 ET (22:16 GMT)
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