PepsiCo Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of PepsiCo Inc. (PEP) rose 1.92% to $184.82 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's fifth consecutive day of gains. PepsiCo Inc. hit a new 52-week high, surpassing its previous peak of $183.58, which the company reached on November 2nd.
The stock outperformed some of its competitors Monday, as Nestle S.A. ADR (NESN.EB) rose 1.03% to $117.43, Coca-Cola Co. (KO) rose 1.54% to $62.08, and Unilever PLC ADR (ULVR.LN) rose 1.00% to $48.69. Trading volume (4.4 M) remained 922,705 below its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 17:15 ET (22:15 GMT)
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