PepsiCo Stock Plunges to 52-Week Low: Time to Buy or Stay Cautious?
Shares of PepsiCo Inc. (PEP) hit a new 52-week low of $154.11 yesterday, before rising 0.2% to close trading at $154.43. The current price reflects a 15.8% discount from its 52-week high of $183.41, highlighting a challenging year for the beverage company. Overall, the PEP stock has trended downward in the past year, driven by challenges in its North America operations since the start of 2024, including reduced consumer demand and product recalls in the QFNA segment.In the past year, PEP shares have decline ...