DJ PepsiCo Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of PepsiCo Inc. $(PEP)$ shed 1.23% to $156.02 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
This was the stock's second consecutive day of losses.
PepsiCo Inc. closed $27.39 short of its 52-week high ($183.41), which the company achieved on May 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Coca-Cola Co. $(KO)$ fell 0.90% to $62.55, Starbucks Corp. $(SBUX)$ fell 4.41% to $93.12, and Mondelez International Inc. Cl A $(MDLZ)$ fell 0.71% to $61.49.
Trading volume (6.6 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 16:35 ET (21:35 GMT)
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