Published on 4 Dec 2021 on Market Watch
Shares of PepsiCo Inc. rallied 2.55% to $164.71 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.84% to 4,538.43 and Dow Jones Industrial Average falling 0.17% to 34,580.08. This was the stock's third consecutive day of gains. PepsiCo Inc. closed $2.09 short of its 52-week high ($166.80), which the company reached on November 22nd.
The stock outperformed some of its competitors Friday, as Nestle S.A. ADR rose 1.59% to $129.64, Coca-Cola Co. rose 0.89% to $53.54, and Unilever PLC ADR fell 0.29% to $51.29. Trading volume (6.5 M) eclipsed its 50-day average volume of 4.0 M.