DJ PepsiCo Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of PepsiCo Inc. $(PEP)$ slid 1.92% to $151.47 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
This was the stock's second consecutive day of losses.
PepsiCo Inc. closed $31.94 short of its 52-week high ($183.41), which the company achieved on May 16th.
The stock underperformed when compared to some of its competitors Thursday, as Coca-Cola Co. $(KO)$ fell 0.64% to $62.45, Starbucks Corp. $(SBUX)$ fell 1.27% to $88.76, and Mondelez International Inc. Cl A $(MDLZ)$ fell 1.25% to $59.27.
Trading volume (8.3 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 16:35 ET (21:35 GMT)
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