PepsiCo Inc. Stock Falls Wednesday, Still Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of PepsiCo Inc. (PEP) slid 1.39% to $178.24 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.50% to 3,759.69 and Dow Jones Industrial Average falling 1.55% to 32,147.76. This was the stock's third consecutive day of losses. PepsiCo Inc. closed $4.74 below its 52-week high ($182.98), which the company achieved on October 31st.
The stock underperformed when compared to some of its competitors Wednesday, as Nestle S.A. ADR (NESN.EB) fell 0.37% to $108.07, Coca-Cola Co. (KO) fell 1.39% to $58.81, and Unilever PLC ADR (ULVR.LN) fell 1.27% to $44.92. Trading volume (5.0 M) remained 253,351 below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 2022.
(END) Dow Jones Newswires
November 02, 2022 17:16 ET (21:16 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.