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Shares of PepsiCo Inc. PEP inched 0.65% higher to $169.61 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.93% to 3,961.63 and Dow Jones Industrial Average DJIA falling 0.43% to 31,899.29. This was the stock's second consecutive day of gains. PepsiCo Inc. closed $8.01 short of its 52-week high ($177.62), which the company achieved on April 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Nestle S.A. ADR NSRGY rose 1.09% to $120.43, Coca-Cola Co. KO rose 0.37% to $61.59, and Unilever PLC ADR UL rose 0.77% to $47.02. Trading volume (3.8 M) remained 1.5 million below its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 22, 2022.
(END) Dow Jones Newswires
July 22, 2022 17:14 ET (21:14 GMT)
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