Why PepsiCo Stock Is Tumbling Today
The share price of (NASDAQ: PEP), the food and beverage giant, was falling today after the company reported mixed results for its first quarter and cut its earnings forecast for the full year.
PepsiCo is facing rising supply chain costs due to tariffs and slowing consumer spending amid an uncertain macroeconomic environment, the company said today.
As a result, PepsiCo stock was down 4.6% as of 1:04 p.m. ET.
Source Fool.com
PepsiCo Inc. Aktie
121,02 €
-0,12 %
Deutliches Buy-Überwiegen bei PepsiCo Inc. im Vergleich zu Sell-Einschätzungen.
Das Kursziel von 144 € für PepsiCo Inc. weist auf eine leichte Verbesserung gegenüber dem aktuellen Kurs von 121.02 € hin.
