PepsiCo (PEP) Stock Sinks As Market Gains: Here's Why
PEPPepsiCo(PEP) ZACKS·2024-06-12 06:56

The latest trading session saw PepsiCo (PEP) ending at $165.07, denoting a -0.5% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.27%. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.88%. The food and beverage company's shares have seen a decrease of 8.29% over the last month, not keeping up with the Consumer Staples sector's loss of 2.77% and the S&P 500's gain of 2.85%. Analysts and investors alike will be keeping a close ey ...