PepsiCo Inc. stock rises Monday, still underperforms market
Posted on AllSides January 8th, 2024
From The Center
Shares of PepsiCo Inc. PEP, inched 0.10% higher to $169.11 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, rising 1.41% to 4,763.54 and the Dow Jones Industrial Average DJIA, rising 0.58% to 37,683.01. PepsiCo Inc. closed $27.77 below its 52-week high ($196.88), which the company achieved on May 15th. The stock underperformed when compared to some of its competitors Monday, as Coca-Cola Co. KO, rose 0.74% to $60.11, Starbucks Corp. SBUX, rose 1.29% to $94.19, and Mondelez...