PepsiCo Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of PepsiCo Inc. (PEP) sank 0.10% to $173.53 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.65% to 3,919.29 and the Dow Jones Industrial Average rising 1.06% to 32,155.40. The stock's fall snapped a two-day winning streak. PepsiCo Inc. closed $13.31 short of its 52-week high ($186.84), which the company achieved on December 13th.
The stock underperformed when compared to some of its competitors Tuesday, as Coca-Cola Co. (KO) rose 0.37% to $60.03, Starbucks Corp. (SBUX) rose 0.38% to $99.46, and Mondelez International Inc. Cl A (MDLZ) rose 1.14% to $66.29. Trading volume (6.5 M) eclipsed its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2023.
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March 14, 2023 20:37 ET (00:37 GMT)
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