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Why Diageo Stock Was Slipping Today


Shares of Diageo (NYSE: DEO), the diversified alcohol leader and parent of brands like Johnnie Walker and Guinness, were pulling back today after the company posted disappointing results in its second-quarter earnings report, with particular weakness in the Americas.

As of 11:11 a.m. ET on Tuesday, the stock was down 5.3% on the news.

Image source: Getty Images.

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Source Fool.com

Diageo plc Stock

€20.07
3.530%
A very strong showing by Diageo plc today, with an increase of €0.69 (3.530%) compared to yesterday's price.
Our community is currently high on Diageo plc with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 24 € shows a slightly positive potential of 19.58% compared to the current price of 20.07 € for Diageo plc.
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