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Shares of PepsiCo Inc. (PEP) inched 0.64% higher to $178.33 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. This was the stock's second consecutive day of gains. PepsiCo Inc. closed $5.25 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 0.70% to $114.50, Coca-Cola Co. (KO) fell 0.18% to $60.52, and Unilever PLC ADR (ULVR.LN) rose 1.15% to $48.47. Trading volume (4.7 M) remained 627,864 below its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 17:15 ET (22:15 GMT)
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