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Shares of PepsiCo Inc. (PEP) rallied 1.52% to $177.50 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.47% to 4,287.50 and the Dow Jones Industrial Average rising 1.85% to 33,916.39. This was the stock's second consecutive day of gains. PepsiCo Inc. hit a new 52-week high, surpassing its previous peak of $177.24, which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Nestle S.A. ADR (NESN.EB) rose 0.48% to $129.81, Coca-Cola Co. (KO) rose 0.96% to $66.19, and Unilever PLC ADR (ULVR.LN) rose 2.94% to $46.16. Trading volume (5.2 M) remained 87,848 below its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 28, 2022.
(END) Dow Jones Newswires
April 28, 2022 17:14 ET (21:14 GMT)
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