DJ PepsiCo Inc. Stock Rises Friday, Still Underperforms Market
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Shares of PepsiCo Inc. $(PEP)$ inched 0.87% higher to $152.79 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
The stock's rise snapped a two-day losing streak.
PepsiCo Inc. closed $30.62 below its 52-week high ($183.41), which the company reached on May 16th.
The stock outperformed some of its competitors Friday, as Coca-Cola Co. $(KO)$ rose 0.16% to $62.55, Starbucks Corp. $(SBUX)$ fell 0.89% to $87.97, and Mondelez International Inc. Cl A $(MDLZ)$ rose 0.20% to $59.39.
Trading volume (19.1 M) eclipsed its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 16:36 ET (21:36 GMT)
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