PepsiCo Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of PepsiCo Inc. (PEP) dropped 0.12% to $183.89 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. This was the stock's second consecutive day of losses. PepsiCo Inc. closed $2.73 below its 52-week high ($186.62), which the company achieved on November 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Coca-Cola Co. (KO) rose 0.02% to $62.70, Starbucks Corp. (SBUX) fell 0.90% to $98.66, and Mondelez International Inc. Cl A (MDLZ) fell 0.81% to $66.15. Trading volume (6.4 M) eclipsed its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 17:27 ET (22:27 GMT)
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