PepsiCo Inc. Stock Underperforms Wednesday When Compared To Competitors

Citigroup Inc

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Financials : Banks | Large Cap Value

Company profile

Citigroup Inc. is a diversified financial services holding company. The Company provides a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. Its operating business segments include Institutional Clients Group (ICG), Personal Banking and Wealth Management (PBWM), Legacy Franchises and Corporate/Other. ICG segment consists of services, markets, and banking that provides corporate, institutional, and public sector clients with a range of wholesale banking products and services. The Company’s PBWM segment consists of United States (US) personal banking and global wealth management, providing traditional banking services and credit cards to retail and small business customers in the U.S. Its Legacy Franchises segment includes Asia consumer banking, Mexico consumer banking/Mexico small business and middle-market banking (SBMM) and legacy holdings assets.

PepsiCo Inc. Stock Underperforms Wednesday When Compared To Competitors

5:16 pm ET November 9, 2022 (MarketWatch) Print

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

Shares of PepsiCo Inc. (PEP) slid 1.20% to $178.55 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.08% to 3,748.57 and Dow Jones Industrial Average falling 1.95% to 32,513.94. The stock's fall snapped a three-day winning streak. PepsiCo Inc. closed $5.03 below its 52-week high ($183.58), which the company reached on November 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Nestle S.A. ADR (NESN.EB) rose 0.80% to $110.01, Coca-Cola Co. (KO) fell 1.39% to $58.77, and Unilever PLC ADR (ULVR.LN) fell 1.01% to $46.16. Trading volume (4.7 M) remained 522,629 below its 50-day average volume of 5.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.

(END) Dow Jones Newswires

November 09, 2022 17:16 ET (22:16 GMT)