PepsiCo (PEP) Stirs Mix Reactions Post Q2 Earnings: Hold or Fold?
PEPPepsiCo(PEP) ZACKS·2024-08-02 01:20

The PepsiCo Inc. (PEP) stock has seen a sparse movement on the bourses since the release of its second-quarter 2024 results on Jul 11, 2024. Shares of the beverage and snacking big wig showed a meager rise of 5.3% since the last earnings release. This modest growth reflects the mixed sentiments among investors. Let us explore whether this is related to the company’s Q2 performance, outlook, or some other specific factors.PepsiCo’s second-quarter results were a mixed bag, as the company exceeded the Zacks Co ...