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Shares of PepsiCo Inc. PEP inched 0.35% higher to $170.10 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.45% to 3,801.78 and Dow Jones Industrial Average DJIA falling 0.67% to 30,772.79. The stock's rise snapped a two-day losing streak. PepsiCo Inc. closed $7.52 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 Wednesday, as Nestle S.A. ADR NSRGY fell 0.58% to $116.57, Coca-Cola Co. KO fell 0.46% to $62.38, and Unilever PLC ADR UL rose 0.54% to $46.27. Trading volume (4.5 M) remained 1.1 million below its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 13, 2022.
(END) Dow Jones Newswires
July 13, 2022 17:16 ET (21:16 GMT)
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