Shares of PepsiCo Inc. /zigman2/quotes/208744353/composite PEP +0.50% slumped 0.44% to $155.20 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.11% rising 0.22% to 4,496.19 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.21% rising 0.11% to 35,405.50. This was the stock's fourth consecutive day of losses. PepsiCo Inc. closed $4.43 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 Wednesday, as Nestle S.A. ADR /zigman2/quotes/210131093/delayed NSRGY +0.30% fell 0.83% to $125.71, Coca-Cola Co. /zigman2/quotes/209159848/composite KO +0.18% rose 0.11% to $56.07, and Unilever PLC ADR /zigman2/quotes/204685760/composite UL +0.62% fell 0.66% to $55.57. Trading volume (3.3 M) remained 879,404 below its 50-day average volume of 4.2 M.