DJ PepsiCo Inc. Stock Rises Friday, Still Underperforms Market
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Shares of PepsiCo Inc. $(PEP)$ advanced 1.01% to $172.75 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.11% to 5,459.10 and the Dow Jones Industrial Average rising 1.64% to 40,589.34.
This was the stock's third consecutive day of gains.
PepsiCo Inc. closed $18.62 below its 52-week high ($191.37), which the company reached on July 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Coca-Cola Co. $(KO)$ rose 1.48% to $67.05, Starbucks Corp. $(SBUX)$ rose 1.00% to $74.05, and Mondelez International Inc. Cl A $(MDLZ)$ rose 0.05% to $66.42.
Trading volume (5.3 M) remained 64,618 below its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 26, 2024.
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(END) Dow Jones Newswires
July 26, 2024 16:35 ET (20:35 GMT)
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