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Shares of PepsiCo Inc. (PEP) rallied 1.31% to $177.33 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.73% to 4,280.15 and the Dow Jones Industrial Average rising 1.27% to 33,761.05. PepsiCo Inc. closed $0.36 short of its 52-week high ($177.69), which the company reached on August 1st.
The stock outperformed some of its competitors Friday, as Nestle S.A. ADR (NESN.EB) rose 0.01% to $121.99, Coca-Cola Co. (KO) rose 0.76% to $63.70, and Unilever PLC ADR (ULVR.LN) rose 0.27% to $47.78. Trading volume (3.8 M) remained 709,000 below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 12, 2022.
(END) Dow Jones Newswires
August 12, 2022 17:14 ET (21:14 GMT)
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