Shares of PepsiCo Inc. PEP, -1.93% shed 0.66% to $166.00 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -1.02% falling 0.20% to 3,783.28 and Dow Jones Industrial Average DJIA, -1.15% falling 0.14% to 30,273.87. The stock’s fall snapped a two-day winning streak. PepsiCo Inc. closed $15.07 below its 52-week high ($181.07), which the company achieved on August 17th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Nestle S.A. ADR NSRGY, -1.91% fell 0.71% to $108.89, Coca-Cola Co. KO, -2.15% fell 0.95% to $56.24, and Unilever PLC ADR UL, -1.99% fell 1.44% to $44.62.true Trading volume (3.5 M) remained 909,543 below its 50-day average volume of 4.4 M.