What's Going On With Pepsi Stock?
Portfolio Pulse from Henry Khederian
PepsiCo, Inc. (NYSE:KO) shares are trading lower by 5.03% due to a decrease in shopping demand as a result of the use of appetite-suppressing medications and overall market weakness. The rise in Treasury yields and the potential shift of investors from dividend-yielding stocks to fixed-income investments like bonds due to increasing interest rates could further exert downward pressure on Pepsi's stock price.
October 05, 2023 | 7:58 pm
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PepsiCo's stock is trading lower due to decreased shopping demand and market weakness. Rising interest rates could lead investors to shift from dividend-yielding stocks to bonds, potentially causing further decline.
The decrease in shopping demand due to the use of appetite-suppressing medications and overall market weakness are causing PepsiCo's stock to trade lower. Additionally, the rise in Treasury yields could make fixed-income investments like bonds more appealing to investors, potentially leading them to shift away from dividend-yielding stocks like PepsiCo, which could exert further downward pressure on its stock price.
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