PepsiCo Inc. Stock Outperforms Market On Strong Trading Day

United States Steel Corp

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Materials : Metals & Mining | Small Cap Value

Company profile

United States Steel Corporation (U.S Steel) is an integrated steel producer, which is engaged in producing and selling steel products, including flat-rolled and tubular products, in North America and Europe. The Company’s operations in the United States also include iron ore and coke production facilities and real estate operations. Its operations in Europe also include coke production facilities. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U.S. Steel Europe (USSE); and Tubular Products (Tubular). The Company owns approximately 45,000 acres of real estate assets, either held for development or managed, in Alabama, Illinois, Michigan, Minnesota and Pennsylvania. It performs a range of applied research, development, and technical support functions at facilities in Pennsylvania, Michigan, Texas and Slovakia. It serves customers primarily in the automotive, construction, consumer, electrical, industrial equipment, distribution and energy markets.

PepsiCo Inc. Stock Outperforms Market On Strong Trading Day

5:14 pm ET April 27, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of PepsiCo Inc. (PEP) inched 0.89% higher to $174.85 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.21% to 4,183.96 and the Dow Jones Industrial Average rising 0.19% to 33,301.93. PepsiCo Inc. closed $2.39 short of its 52-week high ($177.24), which the company achieved on April 21st.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Nestle S.A. ADR (NESN.EB) rose 1.02% to $129.18, Coca-Cola Co. (KO) rose 0.78% to $65.56, and Unilever PLC ADR (ULVR.LN) fell 1.80% to $44.84. Trading volume (5.2 M) remained 164,938 below its 50-day average volume of 5.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled April 27, 2022.

-MarketWatch Automation

(END) Dow Jones Newswires

April 27, 2022 17:14 ET (21:14 GMT)