PepsiCo Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of PepsiCo Inc. (PEP) inched 0.14% higher to $167.99 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.48% to 4,175.48 and the Dow Jones Industrial Average rising 0.20% to 33,128.79. The stock's rise snapped a two-day losing streak. PepsiCo Inc. closed $9.63 below its 52-week high ($177.62), which the company achieved on April 28th.
The stock outperformed some of its competitors Tuesday, as Nestle S.A. ADR (NESN.EB) fell 0.51% to $127.55, Coca-Cola Co. (KO) fell 0.57% to $63.08, and Unilever PLC ADR (ULVR.LN) rose 0.02% to $45.65. Trading volume (5.6 M) eclipsed its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2022.
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May 03, 2022 17:14 ET (21:14 GMT)
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