NasdaqGS:PEPBeverage
Elliott Calls For Turnaround Plan At PepsiCo (PEP) To Unlock Shareholder Value
PepsiCo (PEP) saw its shares rise 13% over the last quarter, highlighted by activist investor Elliott Investment Management's stake of $4 billion and proposals for growth enhancement. This influence was aligned with broader market trends, despite declining tech stocks dragging major indexes down by up to 2%. Additional factors perhaps bolstering PepsiCo's performance include strengthened partnerships, product launches, a robust dividend decision, and its strategic moves in debt financing...