DJ PepsiCo Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of PepsiCo Inc. $(PEP)$ slipped 1.92% to $156.77 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
The stock's fall snapped a two-day winning streak.
PepsiCo Inc. closed $26.64 short of its 52-week high ($183.41), which the company reached on May 16th.
The stock underperformed when compared to some of its competitors Wednesday, as Coca-Cola Co. $(KO)$ fell 0.43% to $62.64, Starbucks Corp. $(SBUX)$ rose 0.26% to $98.42, and Mondelez International Inc. Cl A $(MDLZ)$ rose 2.22% to $63.12.
Trading volume (7.9 M) eclipsed its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 16:35 ET (21:35 GMT)
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