Shares of PepsiCo Inc. PEP, -0.33% slipped 0.67% to $169.51 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, +0.66% falling 0.41% to 3,908.19 and Dow Jones Industrial Average DJIA, +0.61% falling 0.55% to 31,145.30. This was the stock’s second consecutive day of losses. PepsiCo Inc. closed $11.56 below its 52-week high ($181.07), which the company reached on August 17th.
The stock underperformed when compared to some of its competitors Tuesday, as Nestle S.A. ADR NSRGY, -0.59% fell 0.45% to $113.44, Coca-Cola Co. KO, -0.30% rose 0.05% to $61.18, and Unilever PLC ADR UL, -0.77% rose 0.45% to $44.80. Trading volume (4.9 M) eclipsed its 50-day average volume of 4.0 M.