PepsiCo Inc. Stock Rises Monday, Outperforms Market
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Shares of PepsiCo Inc. (PEP) inched 0.22% higher to $179.49 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 3,977.53 and the Dow Jones Industrial Average rising 0.60% to 32,432.08. This was the stock's second consecutive day of gains. PepsiCo Inc. closed $7.35 below 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 0.74% to $61.35, Starbucks Corp. (SBUX) rose 0.33% to $98.66, and Mondelez International Inc. Cl A (MDLZ) rose 0.17% to $69.16. Trading volume (4.1 M) remained 893,963 below its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2023.
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March 27, 2023 17:17 ET (21:17 GMT)
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