PepsiCo Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of PepsiCo Inc. (PEP) rallied 1.96% to $179.09 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,970.99 and the Dow Jones Industrial Average rising 0.41% to 32,237.53. The stock's rise snapped a two-day losing streak. PepsiCo Inc. closed $7.75 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 Friday, as Coca-Cola Co. (KO) rose 1.64% to $60.90, Starbucks Corp. (SBUX) fell 0.08% to $98.34, and Mondelez International Inc. Cl A (MDLZ) rose 2.74% to $69.04. Trading volume (3.7 M) remained 1.3 million below its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2023.
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March 24, 2023 17:16 ET (21:16 GMT)
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