PepsiCo Inc. closed 20.10% short of its 52-week high of $183.41, which the company achieved on May 16th.
Seeking Alpha analyst Justin Purohit also had a favorable post-earnings assessment of PepsiCo (PEP). Shares of PepsiCo (PEP) rose 0.14% in premarket trading on Monday after shedding 3.55% on Friday.