PepsiCo Inc. Stock Falls Tuesday, Still Outperforms Market
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Shares of PepsiCo Inc. (PEP) sank 0.06% to $176.18 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.00% to 3,997.34 and Dow Jones Industrial Average falling 2.06% to 33,129.59. PepsiCo Inc. closed $10.66 below its 52-week high ($186.84), which the company reached on December 13th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Coca-Cola Co. (KO) fell 0.53% to $59.80, Starbucks Corp. (SBUX) fell 2.17% to $104.78, and Mondelez International Inc. Cl A (MDLZ) fell 0.37% to $66.60.true Trading volume (5.8 M) eclipsed its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2023.
(END) Dow Jones Newswires
February 21, 2023 17:17 ET (22:17 GMT)
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