PepsiCo (PEP) Suffers a Larger Drop Than the General Market: Key Insights

PepsiCo (PEP) closed at $168.95 in the latest trading session, marking a -0.97% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.95%. Meanwhile, the Dow lost 1.09%, and the Nasdaq, a tech-heavy index, lost 0.84%.Prior to today's trading, shares of the food and beverage company had gained 3.69% over the past month. This has outpaced the Consumer Staples sector's loss of 0.44% and the S&P 500's gain of 1.78% in that time.The investment community will be paying close atte ...