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Shares of PepsiCo Inc. (PEP) slipped 1.54% to $172.15 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.77% to 4,271.78 and Dow Jones Industrial Average falling 2.82% to 33,811.40. This was the stock's second consecutive day of losses. PepsiCo Inc. closed $5.09 below its 52-week high ($177.24), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Friday, as Nestle S.A. ADR (NESN.EB) rose 1.74% to $129.84, Coca-Cola Co. (KO) fell 1.45% to $65.25, and Unilever PLC ADR (ULVR.LN) fell 0.29% to $45.41. Trading volume (5.9 M) eclipsed its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2022.
(END) Dow Jones Newswires
April 22, 2022 17:14 ET (21:14 GMT)
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