PepsiCo Inc. Stock Outperforms Market On Strong Trading Day
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Shares of PepsiCo Inc. (PEP) inched 0.76% higher to $171.70 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 3.20% to 3,991.24 and Dow Jones Industrial Average falling 1.99% to 32,245.70. This was the stock's second consecutive day of gains. PepsiCo Inc. closed $5.92 below its 52-week high ($177.62), which the company achieved on April 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Nestle S.A. ADR (NESN.EB) fell 2.94% to $121.13, Coca-Cola Co. (KO) fell 0.20% to $64.61, and Unilever PLC ADR (ULVR.LN) rose 0.79% to $44.83. Trading volume (7.2 M) eclipsed its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2022.
(END) Dow Jones Newswires
May 09, 2022 17:14 ET (21:14 GMT)
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