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Shares of PepsiCo Inc. (PEP) slid 2.01% to $178.05 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.92% to 3,992.93 and the Dow Jones Industrial Average rising 0.10% to 33,747.86. PepsiCo Inc. closed $5.53 below its 52-week high ($183.58), which the company reached on November 2nd.
The stock underperformed when compared to some of its competitors Friday, as Nestle S.A. ADR (NESN.EB) rose 0.97% to $114.80, Coca-Cola Co. (KO) rose 0.72% to $61.32, and Unilever PLC ADR (ULVR.LN) fell 0.80% to $47.16. Trading volume (7.4 M) eclipsed its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2022.
(END) Dow Jones Newswires
November 11, 2022 17:15 ET (22:15 GMT)
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