Why PepsiCo (PEP) Outpaced the Stock Market Today

PepsiCo (PEP) closed at $166.56 in the latest trading session, marking a +0.58% move from the prior day. This change outpaced the S&P 500's 0.53% gain on the day. At the same time, the Dow added 0.64%, and the tech-heavy Nasdaq gained 0.19%.The food and beverage company's stock has dropped by 2.24% in the past month, falling short of the Consumer Staples sector's gain of 3.27% and the S&P 500's gain of 2.48%.Market participants will be closely following the financial results of PepsiCo in its upcoming relea ...