PepsiCo Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of PepsiCo Inc. (PEP) inched 0.44% higher to $176.28 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.39% to 33,826.69 and the S&P 500 Index falling 0.28% to 4,079.09. PepsiCo Inc. closed $10.56 short of its 52-week high ($186.84), which the company achieved on December 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Coca-Cola Co. (KO) rose 1.52% to $60.12, Starbucks Corp. (SBUX) fell 0.41% to $107.10, and Mondelez International Inc. Cl A (MDLZ) rose 1.78% to $66.85. Trading volume (3.9 M) remained 941,263 below its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 17, 2023.
(END) Dow Jones Newswires
February 17, 2023 17:17 ET (22:17 GMT)
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