Shares of PepsiCo Inc. /zigman2/quotes/208744353/composite PEP +0.38% dropped 0.92% to $154.13 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.47% falling 0.91% to 4,432.99 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.34% falling 0.48% to 34,584.88. This was the stock's second consecutive day of losses. PepsiCo Inc. closed $5.50 short of its 52-week high ($159.63), which the company achieved on August 20th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Nestle S.A. ADR /zigman2/quotes/210131093/composite NSRGY -1.94% fell 0.89% to $122.66, Coca-Cola Co. /zigman2/quotes/209159848/composite KO +0.05% fell 1.64% to $54.44, and Unilever PLC ADR /zigman2/quotes/204685760/composite UL -0.68% fell 1.08% to $53.95. Trading volume (8.1 M) eclipsed its 50-day average volume of 3.8 M.