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Shares of PepsiCo Inc. PEP slid 0.83% to $175.49 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.67% to 4,091.19 and Dow Jones Industrial Average DJIA falling 1.23% to 32,396.17. The stock's fall snapped a three-day winning streak. PepsiCo Inc. closed $2.20 short of its 52-week high ($177.69), which the company achieved on August 1st.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Nestle S.A. ADR NSRGY fell 1.31% to $122.08, Coca-Cola Co. KO fell 1.36% to $63.64, and Unilever PLC ADR UL fell 0.84% to $48.49.true Trading volume (3.8 M) remained 1.2 million below its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 2, 2022.
(END) Dow Jones Newswires
August 02, 2022 17:14 ET (21:14 GMT)
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