Why PepsiCo Stock Was Climbing Today

Shares of PepsiCo (NASDAQ: PEP) 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.

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Source Fool.com