DJ PepsiCo Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of PepsiCo Inc. $(PEP)$ inched 0.17% higher to $175.45 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.91% to 5,064.20 and the Dow Jones Industrial Average rising 0.85% to 38,225.66.
The stock's rise snapped a two-day losing streak.
PepsiCo Inc. closed $21.43 below its 52-week high ($196.88), which the company achieved on May 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Coca-Cola Co. $(KO)$ rose 0.10% to $61.99, Starbucks Corp. $(SBUX)$ rose 0.66% to $74.93, and Mondelez International Inc. Cl A $(MDLZ)$ fell 0.27% to $70.50.
Trading volume (3.9 M) remained 1.9 million below its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2024.
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(END) Dow Jones Newswires
May 02, 2024 16:35 ET (20:35 GMT)
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