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Why Keurig Dr Pepper Stock Tanked by More Than 11% Today

Investors clearly found the taste of the beverage conglomerate's latest deal sour.Keurig Dr Pepper (KDP -11.34%), a beverage conglomerate built on acquisitions, announced its latest purchase on Monday -- and investors weren't too happy to hear the news. Assertively trading out of the company's stock, they left it with an over 11% loss on the day. By comparison, the S&P 500 index did well with its 0.4% decrease. Brewing up a new coffee giantThat morning, KDP announced it had entered into a definitive agreeme ...