Bearish PepsiCo declines $1.38 (0.78%)

Published: March 19 2023, 16:15 GMT+0

Bearish PepsiCo declines $1.38 (0.78%)

A quick look at Friday: during Friday's session, PepsiCo toiled and struggled for upward momentum before closing at $175.13. By the close, the the soft-drinks and beverages company suffered a $1.38 or 0.78% loss.

PepsiCo was not the only decliner in the consumer staples sector; Anheuser-Busch lost 1.48% Friday and closed at $59.91. Unilever closed at $49.15 (down 1.15%).

On the other hand, positive performances could be seen by looking at other consumer staples stocks as Walmart traded at $139.4 after closing Friday's trading day at $138.28 (up 0.81%).

Trading mostly sideways for a month. The renowned fizzy drink supplier is now trading 5.44% below its 3-month high of $185.9.