KDP Declines 10% in 3 Months: Time to Buy, Hold or Sell the Stock?

Keurig Dr Pepper Inc. (KDP) shares have lost 10.2% in the past three months compared with the Zacks Beverages - Soft Drinks industry’s 9.2% decline. It has also lagged the broader  Consumer Staples sector’s 4.7% decline and the S&P 500’s 6.5% rise in the said time frame.Closing at $32.04 yesterday, KDP remains below its 50-day and 200-day SMA of$35.4 and $33.52, respectively, indicating a possible sustained downward trend.Image Source: Zacks Investment ResearchWhat’s Weighing on Keurig Dr Pepper’s Performa ...