PepsiCo Inc. Stock Falls Monday, Still Outperforms Market
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Shares of PepsiCo Inc. (PEP) sank 0.36% to $181.58 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.75% to 3,871.98 and Dow Jones Industrial Average falling 0.39% to 32,732.95. PepsiCo Inc. closed $1.35 below its 52-week high ($182.93), which the company achieved on October 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Nestle S.A. ADR (NESN.EB) rose 0.02% to $108.71, Coca-Cola Co. (KO) fell 1.50% to $59.85, and Unilever PLC ADR (ULVR.LN) fell 0.50% to $45.51. Trading volume (4.9 M) remained 308,518 below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 31, 2022.
(END) Dow Jones Newswires
October 31, 2022 17:16 ET (21:16 GMT)
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