Why PepsiCo Stock Was Climbing Today

Shares of PepsiCo (PEP 6.84%) were climbing today after the packaged food and beverage giant surprised the market with its second-quarter earnings report, beating analyst expectations. While growth was still modest, it did show the company making an improvement from the first quarter.As of 12:12 p.m. ET, the stock was up 6.8% on the news. PepsiCo gets back to growthPepsiCo stock was struggling coming into the report, so any sign that the business is moving in the right direction was enough to give the stock ...