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Shares of PepsiCo Inc. PEP inched 0.08% higher to $171.12 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.92% to 3,863.16 and the Dow Jones Industrial Average DJIA rising 2.15% to 31,288.26. This was the stock's third consecutive day of gains. PepsiCo Inc. closed $6.50 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 Friday, as Nestle S.A. ADR NSRGY rose 1.97% to $117.56, Coca-Cola Co. KO rose 0.51% to $62.50, and Unilever PLC ADR UL rose 0.61% to $46.21. Trading volume (4.7 M) remained 885,607 below its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 15, 2022.
(END) Dow Jones Newswires
July 15, 2022 17:14 ET (21:14 GMT)
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