PepsiCo Inc. Stock Rises Thursday, Outperforms Market
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Shares of PepsiCo Inc. (PEP) inched 0.95% higher to $180.03 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.31% to 3,946.56 and Dow Jones Industrial Average falling 0.02% to 33,546.32. This was the stock's third consecutive day of gains. PepsiCo Inc. closed $3.55 short of its 52-week high ($183.58), which the company achieved on November 2nd.
The stock outperformed some of its competitors Thursday, as Nestle S.A. ADR (NESN.EB) rose 0.72% to $115.33, Coca-Cola Co. (KO) rose 0.31% to $60.71, and Unilever PLC ADR (ULVR.LN) rose 0.17% to $48.13. Trading volume (3.9 M) remained 1.4 million below its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2022.
(END) Dow Jones Newswires
November 17, 2022 17:15 ET (22:15 GMT)
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