Against the current: Markets slid, yet PepsiCo, Campbell Soup Co, J M Smucker Co went up and made this list of yesterday's top consumer_defensive stocks gainers.
Leading equity indices in the US declined as S&P 500 slipped 1.58% and closed at 4,071.63. After dropping 1.98%, Nasdaq closed at 11,800.
Amid the market gloom, United States New Home Sales (Mar) came out at 683,000, while a consensus of analysts was expecting 630,000.
Despite markets falling yesterday, some consumer_defensive stocks managed to post gains. Have a look at these Top Gainers.
PepsiCo | Closed +2.27% at $189.71
PepsiCo retained a record high value of $190.18, then dropped 47 cents and closed at yesterday. This comes following 's session in which it closed at $185.5. The soft-drinks and beverages company has fallen back around 2.22% over the past a day, from a notable high of $189.71. So far this year, it has been under-performing the Nasdaq by 7.83%. The company is currently trading with a market cap of $261.29 billion with an average daily trading volume of 3.56 million shares.
Campbell Soup | Closed +2.21% at $54.67
After closing yesterday at $54.67, the food and beverage manufacturer peaked at $54.68 before giving up early gains and closing at $54.67.
+1.76%: Smucker posts solid session with 1.76% gain; upside capped at $154.93
The food and beverage distributor topped out at $154.93 having ended yesterday at $154.34. However, despite early momentum, the stock gave up its gains to now trade at $154.34. Currently, the veteran food seller has a market capitalization of $16.46 billion with an average daily volume of 726,596 shares. So far this year, it has been doing worse than the S&P 500 by 10.45%.
Coca-Cola Europacific ended the session at $63.28, up 1.74%, adding another to its 5th straight day of gains
The soft drinks giant rose as high as $63.77 before giving up its gains and dropping back to $63.28 before the close on yesterday. The company has a market cap of $28.99 billion with an average daily trading volume of 907,651 shares. So far this year, it has performed better than the Nasdaq by 3.03%.