PepsiCo Inc. Stock Rises Friday, Outperforms Market

Realty Income Corp

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Real Estate : Equity Real Estate Investment Trusts (REITs) | Large Cap Blend

Company profile

Realty Income Corporation is a real estate investment trust. The Company is engaged in acquiring and managing single-unit freestanding commercial properties under a long-term net lease agreement with its commercial clients. The Company owns and operates diversified portfolio of over 11,400 commercial properties. The Company’s properties are leased to over 1,100 different clients who operate in approximately 72 separate industries throughout all 50 states, as well as Puerto Rico, the United Kingdom and Spain. Its properties are leased to retail and industrial clients that have a service, non-discretionary and/or low-price-point component to their business. The Company’s property types include retail, industrial, and agriculture.

PepsiCo Inc. Stock Rises Friday, Outperforms Market

5:15 pm ET November 18, 2022 (MarketWatch) Print

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

Shares of PepsiCo Inc. (PEP) inched 0.72% higher to $181.33 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.48% to 3,965.34 and the Dow Jones Industrial Average rising 0.59% to 33,745.69. This was the stock's fourth consecutive day of gains. PepsiCo Inc. closed $2.25 below 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 Friday, as Nestle S.A. ADR (NESN.EB) rose 0.78% to $116.23, Coca-Cola Co. (KO) rose 0.71% to $61.14, and Unilever PLC ADR (ULVR.LN) rose 0.17% to $48.21. Trading volume (4.5 M) remained 804,433 below its 50-day average volume of 5.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2022.

(END) Dow Jones Newswires

November 18, 2022 17:15 ET (22:15 GMT)