PepsiCo Inc. Stock Rises Monday, Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of PepsiCo Inc. (PEP) rallied 1.40% to $177.59 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. The stock's rise snapped a two-day losing streak. PepsiCo Inc. closed $9.25 short of 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 Monday, as Coca-Cola Co. (KO) rose 0.97% to $60.60, Starbucks Corp. (SBUX) rose 1.17% to $99.85, and Mondelez International Inc. Cl A (MDLZ) rose 2.00% to $67.73. Trading volume (4.4 M) remained 564,218 below its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 20, 2023 17:17 ET (21:17 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.