PepsiCo Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of PepsiCo Inc. (PEP) shed 0.03% to $176.12 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.16% to 3,991.05 and Dow Jones Industrial Average falling 0.26% to 33,045.09. This was the stock's second consecutive day of losses. PepsiCo Inc. closed $10.72 below 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 Wednesday, as Coca-Cola Co. (KO) rose 0.30% to $59.98, Starbucks Corp. (SBUX) fell 0.01% to $104.77, and Mondelez International Inc. Cl A (MDLZ) fell 0.56% to $66.23. Trading volume (5.3 M) eclipsed its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 22, 2023.
(END) Dow Jones Newswires
February 22, 2023 17:17 ET (22:17 GMT)
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