PepsiCo Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of PepsiCo Inc. (PEP) inched 0.28% higher to $180.71 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,828.11 and the Dow Jones Industrial Average rising 1.02% to 33,160.83. This was the stock's third consecutive day of gains. PepsiCo Inc. closed $2.87 short of its 52-week high ($183.58), which the company achieved on November 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Nestle S.A. ADR (NESN.EB) rose 0.39% to $109.14, Coca-Cola Co. (KO) rose 0.18% to $59.60, and Unilever PLC ADR (ULVR.LN) rose 0.71% to $46.63. Trading volume (3.7 M) remained 1.5 million below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2022.
(END) Dow Jones Newswires
November 08, 2022 17:16 ET (22:16 GMT)
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