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Shares of PepsiCo Inc. (PEP) dropped 0.48% to $170.66 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,935.18 and Dow Jones Industrial Average falling 1.02% to 31,834.11. This was the stock's second consecutive day of losses. PepsiCo Inc. closed $6.96 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 Wednesday, as Nestle S.A. ADR (NESN.EB) rose 0.37% to $121.23, Coca-Cola Co. (KO) rose 0.47% to $64.31, and Unilever PLC ADR (ULVR.LN) fell 1.69% to $44.72. Trading volume (5.4 M) eclipsed its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2022.
(END) Dow Jones Newswires
May 11, 2022 17:14 ET (21:14 GMT)
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