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Shares of PepsiCo Inc. (PEP) inched 0.56% higher to $178.78 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.36% to 3,770.55 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. The stock's rise snapped a four-day losing streak. PepsiCo Inc. closed $4.80 short of its 52-week high ($183.58), which the company achieved on November 2nd.
The stock underperformed when compared to some of its competitors Friday, as Nestle S.A. ADR (NESN.EB) rose 2.36% to $109.06, Coca-Cola Co. (KO) rose 0.82% to $59.26, and Unilever PLC ADR (ULVR.LN) rose 3.72% to $46.28. Trading volume (3.9 M) remained 1.4 million below its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.
(END) Dow Jones Newswires
November 04, 2022 17:16 ET (21:16 GMT)
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