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Shares of PepsiCo Inc. (PEP) shed 0.15% to $170.40 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.13% to 3,930.08 and Dow Jones Industrial Average falling 0.33% to 31,730.30. This was the stock's third consecutive day of losses. PepsiCo Inc. closed $7.22 short of its 52-week high ($177.62), which the company reached on April 28th.
The stock underperformed when compared to some of its competitors Thursday, as Nestle S.A. ADR (NESN.EB) fell 0.06% to $121.16, Coca-Cola Co. (KO) rose 0.31% to $64.51, and Unilever PLC ADR (ULVR.LN) rose 1.05% to $45.19. Trading volume (6.5 M) eclipsed its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2022.
(END) Dow Jones Newswires
May 12, 2022 17:14 ET (21:14 GMT)
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