PepsiCo Inc. Stock Rises Wednesday, Outperforms Market
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Shares of PepsiCo Inc. (PEP) inched 0.45% higher to $179.07 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 31,839.11 and the S&P 500 Index falling 0.74% to 3,830.60. This was the stock's fourth consecutive day of gains. PepsiCo Inc. closed $2.00 short of its 52-week high ($181.07), which the company achieved on August 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Nestle S.A. ADR (NESN.EB) rose 0.72% to $109.50, Coca-Cola Co. (KO) rose 0.75% to $59.39, and Unilever PLC ADR (ULVR.LN) fell 0.33% to $44.98. Trading volume (5.1 M) eclipsed its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 26, 2022.
(END) Dow Jones Newswires
October 26, 2022 17:16 ET (21:16 GMT)
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