PepsiCo Inc. Stock Outperforms Market On Strong Trading Day
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Shares of PepsiCo Inc. (PEP) rallied 3.49% to $173.86 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.99% to 4,300.17 and the Dow Jones Industrial Average rising 2.81% to 34,061.06. This was the stock's second consecutive day of gains. PepsiCo Inc. closed $3.76 below its 52-week high ($177.62), which the company achieved on April 28th.
The stock outperformed some of its competitors Wednesday, as Nestle S.A. ADR (NESN.EB) rose 0.35% to $128.00, Coca-Cola Co. (KO) rose 3.09% to $65.03, and Unilever PLC ADR (ULVR.LN) rose 0.55% to $45.90. Trading volume (6.2 M) eclipsed its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2022.
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May 04, 2022 17:14 ET (21:14 GMT)
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