PepsiCo stock slips even as Coca-Cola rises; traders eye Feb. 3 earnings
PepsiCo shares slipped 0.2% to $144.05 Friday, trailing gains in Coca-Cola and Mondelez, as the consumer staples sector edged higher. The stock remains about 10% below its 52-week high after a 1.6% drop Thursday. Investors are watching next week’s Federal Reserve decision and PepsiCo’s Feb. 3 earnings report for direction.