DJ PepsiCo Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of PepsiCo Inc. $(PEP)$ rose 1.19% to $145.81 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,144.15 and the Dow Jones Industrial Average rising 0.16% to 44,627.59.
This was the stock's second consecutive day of gains.
PepsiCo Inc. closed 20.50% below its 52-week high of $183.41, which the company reached on May 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Coca-Cola Co. $(KO)$ rose 1.48% to $70.07, Starbucks Corp. $(SBUX)$ fell 0.48% to $112.49, and Mondelez International Inc. Cl A $(MDLZ)$ rose 1.23% to $61.93.
Trading volume (5.8 M) remained 1.2 million below its 50-day average volume of 7.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 19, 2025.
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(END) Dow Jones Newswires
February 19, 2025 16:35 ET (21:35 GMT)
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