PepsiCo Inc. Stock Rises Friday, Still Underperforms Market

22nd Century Group Inc

Change company Symbol lookup

Select an option...

XXII 22nd Century Group Inc

ALEC Alector Inc

BABA Alibaba Group Holding Ltd

JEQ abrdn Japan Equity Fund, Inc.

BAC Bank of America Corp

RVLWF Revitalist Lifestyle and Wellness Ltd

$NQUS45101010LMEURN Nasdaq US Brewers Large Mid Cap Net

$R25IG Russell 2500 Growth Index

TTC Toro Co

MPVDF Mountain Province Diamonds Inc

Consumer Staples : Tobacco | Small Cap Growth

Company profile

22nd Century Group, Inc. is an agricultural biotechnology and intellectual property company. The Company is focused on tobacco harm reduction, reduced nicotine tobacco and improving health and wellness through plant science. In tobacco, hemp/cannabis, and hop plants, it uses various plant breeding technologies, including genetic engineering, gene-editing, and molecular breeding to deliver solutions for the life science and consumer products industries by creating new plants with optimized alkaloid and flavonoid profiles, as well as improved yields and valuable agronomic traits. It has developed very low nicotine content (VLNC) tobacco and cigarettes, which contain 95% less nicotine than conventional tobacco and cigarettes. Its reduced nicotine cigarettes include VLN King and VLN Menthol King. In hemp, the Company is developing hemp varieties with increased levels of certain cannabinoids and other desirable agronomic traits. The Company has an interest in RX Pharmatech Ltd (RXP).

PepsiCo Inc. Stock Rises Friday, Still Underperforms Market

5:16 pm ET November 4, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

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)