PepsiCo Inc. Stock Rises Friday, Still Underperforms Market
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Shares of PepsiCo Inc. (PEP) rallied 1.95% to $173.72 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.39% to 4,023.89 and the Dow Jones Industrial Average rising 1.47% to 32,196.66. The stock's rise snapped a three-day losing streak. PepsiCo Inc. closed $3.90 below its 52-week high ($177.62), which the company reached on April 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Nestle S.A. ADR (NESN.EB) rose 1.12% to $122.52, Coca-Cola Co. (KO) rose 1.88% to $65.72, and Unilever PLC ADR (ULVR.LN) rose 2.17% to $46.17. Trading volume (4.7 M) remained 631,930 below its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 13, 2022.
(END) Dow Jones Newswires
May 13, 2022 17:14 ET (21:14 GMT)
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