Published on 24 Jun 2022 on Market Watch
Shares of PepsiCo Inc. rallied 1.28% to $164.10 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.95% to 3,795.73 and the Dow Jones Industrial Average rising 0.64% to 30,677.36. This was the stock's fourth consecutive day of gains. PepsiCo Inc. closed $13.52 below its 52-week high ($177.62), which the company reached on April 28th.
The stock outperformed some of its competitors Thursday, as Nestle S.A. ADR fell 0.30% to $113.37, Coca-Cola Co. rose 1.19% to $61.88, and Unilever PLC ADR rose 0.45% to $44.57. Trading volume (5.8 M) eclipsed its 50-day average volume of 5.7 M.