PepsiCo Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of PepsiCo Inc. (PEP) sank 0.50% to $172.64 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.53% to 3,986.37 and Dow Jones Industrial Average falling 1.72% to 32,856.46. PepsiCo Inc. closed $14.20 below its 52-week high ($186.84), which the company achieved on December 13th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Coca-Cola Co. (KO) fell 0.58% to $60.01, Starbucks Corp. (SBUX) fell 1.57% to $103.34, and Mondelez International Inc. Cl A (MDLZ) fell 1.32% to $64.81.true Trading volume (4.1 M) remained 464,254 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2023.
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March 07, 2023 17:18 ET (22:18 GMT)
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