PepsiCo (PEP) Stock Sinks As Market Gains: Here's Why

The latest trading session saw PepsiCo (PEP) ending at $165.07, denoting a -0.5% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.27%. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, added 0.88%. Analysts and investors alike will be keeping a close eye on the performance of PepsiCo in its upcoming earnings disclosure. The company's earnings report is set to go public on July 11, 2024. It is anticipated that the company will report an ...