PepsiCo Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of PepsiCo Inc. (PEP) inched 0.13% higher to $172.03 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,861.59 and Dow Jones Industrial Average falling 1.07% to 31,909.64. PepsiCo Inc. closed $14.81 short of its 52-week high ($186.84), which the company achieved on December 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Coca-Cola Co. (KO) fell 0.42% to $59.21, Starbucks Corp. (SBUX) fell 0.92% to $99.38, and Mondelez International Inc. Cl A (MDLZ) rose 0.22% to $64.90. Trading volume (4.1 M) remained 436,476 below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2023.
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March 10, 2023 17:17 ET (22:17 GMT)
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