PepsiCo Inc. Stock Falls Friday, Still Outperforms Market
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Shares of PepsiCo Inc. (PEP) sank 0.20% to $175.96 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.05% to 3,970.04 and Dow Jones Industrial Average falling 1.02% to 32,816.92. PepsiCo Inc. closed $10.88 below its 52-week high ($186.84), which the company reached on December 13th.
Despite its losses, the stock outperformed some of its competitors Friday, as Coca-Cola Co. (KO) fell 0.42% to $59.84, Starbucks Corp. (SBUX) fell 1.85% to $101.60, and Mondelez International Inc. Cl A (MDLZ) fell 0.79% to $65.55.true Trading volume (3.0 M) remained 2.0 million below its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2023.
(END) Dow Jones Newswires
February 24, 2023 17:17 ET (22:17 GMT)
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