PepsiCo Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of PepsiCo Inc. (PEP) inched 0.98% higher to $173.71 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.15% to 3,855.76 and Dow Jones Industrial Average falling 0.28% to 31,819.14. This was the stock's second consecutive day of gains. PepsiCo Inc. closed $13.13 below 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 Monday, as Coca-Cola Co. (KO) rose 1.01% to $59.81, Starbucks Corp. (SBUX) fell 0.30% to $99.08, and Mondelez International Inc. Cl A (MDLZ) rose 0.99% to $65.54. Trading volume (8.3 M) eclipsed its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2023.
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March 13, 2023 17:17 ET (21:17 GMT)
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