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Shares of PepsiCo Inc. (PEP) advanced 1.87% to $182.23 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.46% to 3,901.06 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. PepsiCo Inc. hit a new 52-week high, surpassing its previous peak of $181.07, which the company reached on August 17th.
The stock underperformed when compared to some of its competitors Friday, as Nestle S.A. ADR (NESN.EB) rose 1.87% to $108.69, Coca-Cola Co. (KO) rose 2.07% to $60.76, and Unilever PLC ADR (ULVR.LN) rose 2.33% to $45.74. Trading volume (6.7 M) eclipsed its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2022.
(END) Dow Jones Newswires
October 28, 2022 17:16 ET (21:16 GMT)
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