PepsiCo Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of PepsiCo Inc. (PEP) slumped 0.76% to $171.80 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.85% to 3,918.32 and Dow Jones Industrial Average falling 1.66% to 32,254.86. PepsiCo Inc. closed $15.04 below 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 Thursday, as Coca-Cola Co. (KO) fell 0.97% to $59.46, Starbucks Corp. (SBUX) fell 2.15% to $100.30, and Mondelez International Inc. Cl A (MDLZ) fell 0.51% to $64.76. Trading volume (4.0 M) remained 487,060 below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 9, 2023.
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March 09, 2023 17:18 ET (22:18 GMT)
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