Published on 28 Jun 2022 on Market Watch
PepsiCo Inc. stock underperforms Monday when compared to competitors despite daily gains
Shares of PepsiCo Inc. inched 0.13% higher to $166.35 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.30% to 3,900.11 and Dow Jones Industrial Average falling 0.20% to 31,438.26. This was the stock's sixth consecutive day of gains. PepsiCo Inc. closed $11.27 short of its 52-week high ($177.62), which the company achieved on April 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Nestle S.A. ADR rose 0.56% to $117.52, Coca-Cola Co. fell 0.21% to $62.91, and Unilever PLC ADR fell 0.54% to $46.00. Trading volume (4.6 M) remained 1.1 million below its 50-day average volume of 5.7 M.