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Shares of PepsiCo Inc. (PEP) inched 0.13% higher to $185.08 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's seventh consecutive day of gains. PepsiCo Inc. closed $1.54 short of its 52-week high ($186.62), which the company achieved on November 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as Nestle S.A. ADR (NESN.EB) rose 1.02% to $119.28, Coca-Cola Co. (KO) rose 0.45% to $62.63, and Unilever PLC ADR (ULVR.LN) rose 0.88% to $49.53. Trading volume (2.5 M) remained 2.7 million below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 17:16 ET (22:16 GMT)
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