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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.

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Source Fool.com

PepsiCo Inc. Stock

€120.64
-0.480%
The price for the PepsiCo Inc. stock decreased slightly today. Compared to yesterday there is a change of -€0.580 (-0.480%).
Currently there is a rather positive sentiment for PepsiCo Inc. with 31 Buy predictions and 5 Sell predictions.
As a result the target price of 147 € shows a positive potential of 21.85% compared to the current price of 120.64 € for PepsiCo Inc..
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