PepsiCo Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of PepsiCo Inc. (PEP) inched 0.20% higher to $173.50 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.07% to 4,048.42 and the Dow Jones Industrial Average rising 0.12% to 33,431.44. PepsiCo Inc. closed $13.34 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 Monday, as Coca-Cola Co. (KO) rose 1.55% to $60.36, Starbucks Corp. (SBUX) rose 0.42% to $104.99, and Mondelez International Inc. Cl A (MDLZ) fell 0.05% to $65.68. Trading volume (3.6 M) remained 941,552 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 06, 2023 17:17 ET (22:17 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.