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Shares of PepsiCo Inc. PEP slipped 0.57% to $169.50 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.92% to 3,818.80 and Dow Jones Industrial Average DJIA falling 0.62% to 30,981.33. This was the stock's second consecutive day of losses. PepsiCo Inc. closed $8.12 short of its 52-week high ($177.62), which the company achieved on April 28th.
The stock underperformed when compared to some of its competitors Tuesday, as Nestle S.A. ADR NSRGY fell 0.04% to $117.25, Coca-Cola Co. KO fell 0.43% to $62.67, and Unilever PLC ADR UL rose 0.52% to $46.02. Trading volume (5.2 M) remained 451,173 below its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 12, 2022.
(END) Dow Jones Newswires
July 12, 2022 17:17 ET (21:17 GMT)
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