Why PepsiCo Stock Lost Its Fizz on Friday

By Yahoo! Finance | Sep 20, 2024 at 06:48 PM EST

PepsiCo stock (NASDAQ: PEP) declined over 2% due to a recommendation downgrade from Morgan Stanley analyst Dara Mohsenian, citing weak market performance in the US and struggles in its Frito-Lay North America unit. The company faces tough competition and changing consumer preferences.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.