PepsiCo Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of PepsiCo Inc. (PEP) slid 0.45% to $180.76 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.41% to 3,856.10 and Dow Jones Industrial Average falling 0.24% to 32,653.20. This was the stock's second consecutive day of losses. PepsiCo Inc. closed $2.22 below its 52-week high ($182.98), which the company achieved on October 31st.
The stock underperformed when compared to some of its competitors Tuesday, as Nestle S.A. ADR (NESN.EB) fell 0.22% to $108.47, Coca-Cola Co. (KO) fell 0.35% to $59.64, and Unilever PLC ADR (ULVR.LN) fell 0.02% to $45.50. Trading volume (3.9 M) remained 1.3 million below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2022.
(END) Dow Jones Newswires
November 01, 2022 17:16 ET (21:16 GMT)
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