PepsiCo Inc. Stock Rises Thursday, Still Underperforms Market

Telephone and Data Systems Inc

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Communication Services : Wireless Telecommunication Services | Small Cap Value

Company profile

Telephone and Data Systems, Inc. is a diversified telecommunications company. It provides wireless, cable and wireline broadband, video, and voice, and hosted and managed services through its businesses, UScellular, TDS Telecom, BendBroadband and OneNeck IT Solutions. Its segments include UScellular and TDS Telecom. The TDS segment provides wireless telecommunications services. UScellular segment offers a range of devices, such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and Internet of things (IoT) devices. In addition, UScellular also offers a range of accessories, including wireless essentials such as cases, screen protectors, chargers, memory cards and consumer electronics such as audio, home automation and networking products. TDS Telecom owns, operates and invests in communications services in a mix of rural and suburban communities throughout the United States. Its TDS Telecom provides a range of broadband, video, and voice communications.

PepsiCo Inc. Stock Rises Thursday, Still Underperforms Market

5:17 pm ET February 23, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of PepsiCo Inc. (PEP) inched 0.11% higher to $176.31 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.53% to 4,012.32 and the Dow Jones Industrial Average rising 0.33% to 33,153.91. The stock's rise snapped a two-day losing streak. PepsiCo Inc. closed $10.53 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 Thursday, as Coca-Cola Co. (KO) rose 0.18% to $60.09, Starbucks Corp. (SBUX) fell 1.20% to $103.51, and Mondelez International Inc. Cl A (MDLZ) fell 0.24% to $66.07. Trading volume (3.8 M) remained 1.1 million below its 50-day average volume of 4.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 23, 2023.

(END) Dow Jones Newswires

February 23, 2023 17:17 ET (22:17 GMT)