Shares of PepsiCo Inc. PEP, +0.20% inched 0.20% higher to $166.30 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.09% rising 0.09% to 4,475.01 and the Dow Jones Industrial Average DJIA, -0.16% falling 0.16% to 34,934.27. The stock’s rise snapped a two-day losing streak. PepsiCo Inc. closed $10.94 short of its 52-week high ($177.24), which the company reached on January 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Nestle S.A. ADR NSRGY, +0.17% rose 0.17% to $127.90, Coca-Cola Co. KO, -0.02% fell 0.02% to $60.90, and Unilever PLC ADR UL, +0.76% rose 0.76% to $51.88. Trading volume (4.1 M) remained 1.2 million below its 50-day average volume of 5.3 M.