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Shares of PepsiCo Inc. PEP inched 0.52% higher to $170.98 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 3,790.38 and Dow Jones Industrial Average DJIA falling 0.46% to 30,630.17. This was the stock's second consecutive day of gains. PepsiCo Inc. closed $6.64 short of its 52-week high ($177.62), which the company reached on April 28th.
The stock outperformed some of its competitors Thursday, as Nestle S.A. ADR NSRGY fell 1.10% to $115.29, Coca-Cola Co. KO fell 0.32% to $62.18, and Unilever PLC ADR UL fell 0.73% to $45.93. Trading volume (4.2 M) remained 1.4 million below its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 14, 2022.
(END) Dow Jones Newswires
July 14, 2022 17:14 ET (21:14 GMT)
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