PepsiCo Inc. Stock Outperforms Competitors Despite Losses On The Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of PepsiCo Inc. (PEP) slipped 0.10% to $173.15 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.61% to 4,045.64 and the Dow Jones Industrial Average rising 1.17% to 33,390.97. PepsiCo Inc. closed $13.69 short of its 52-week high ($186.84), which the company reached on December 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Coca-Cola Co. (KO) fell 0.47% to $59.44, Starbucks Corp. (SBUX) rose 1.50% to $104.55, and Mondelez International Inc. Cl A (MDLZ) rose 0.54% to $65.71. Trading volume (3.6 M) remained 942,280 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2023.
(END) Dow Jones Newswires
March 03, 2023 17:18 ET (22:18 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.