PepsiCo Inc (PEP): Today's Featured Food & Beverage Laggard
PepsiCo (PEP) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 0.4%. By the end of trading, PepsiCo fell 60 cents (-0.8%) to $71.80 on average volume. Throughout the day, 6.3 million shares of PepsiCo exchanged hands as compared to its average daily volume of 6.9 million shares. The stock ranged in price between $71.45-$72.26 after having opened the day at $72.11 as compared to the previous trading day's close of $72.40. Other company's within the Food & Beverage industry that declined today were: Central European Distribution (CEDC), down 21.3%, Inventure Foods (SNAK), down 15.4%, Le Gaga Holdings (GAGA), down 6.4%, and Central Garden & Pet Company (CENTA), down 5.4%.
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