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Shares of PepsiCo Inc. PEP rallied 1.14% to $176.95 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.28% to 4,118.63 and Dow Jones Industrial Average DJIA falling 0.14% to 32,798.40. This was the stock's third consecutive day of gains. PepsiCo Inc. closed $0.67 short of its 52-week high ($177.62), which the company achieved on April 28th.
The stock outperformed some of its competitors Monday, as Nestle S.A. ADR NSRGY rose 0.68% to $123.70, Coca-Cola Co. KO rose 0.55% to $64.52, and Unilever PLC ADR UL rose 0.49% to $48.90. Trading volume (4.0 M) remained 1.1 million below its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 1, 2022.
(END) Dow Jones Newswires
August 01, 2022 17:14 ET (21:14 GMT)
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