PepsiCo Inc. Stock Rises Monday, Still Underperforms Market
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Shares of PepsiCo Inc. (PEP) inched 0.80% higher to $180.21 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.96% to 3,806.80 and the Dow Jones Industrial Average rising 1.31% to 32,827.00. This was the stock's second consecutive day of gains. PepsiCo Inc. closed $3.37 short of its 52-week high ($183.58), which the company reached on November 2nd.
The stock outperformed some of its competitors Monday, as Nestle S.A. ADR (NESN.EB) fell 0.32% to $108.71, Coca-Cola Co. (KO) rose 0.39% to $59.49, and Unilever PLC ADR (ULVR.LN) rose 0.04% to $46.30. Trading volume (3.2 M) remained 2.0 million below its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2022.
(END) Dow Jones Newswires
November 07, 2022 17:16 ET (22:16 GMT)
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