PepsiCo stock slips and underperforms rivals in strong market session

6 articles · Updated · MarketWatch · May 8

The shares fell 1.07% to $154.62 on Friday as the S&P 500 rose 0.84% and the Dow Jones Industrial Average edged up 0.02%.
The decline ended a three-day winning streak, leaving PepsiCo 9.83% below its 52-week high of $171.48 reached on 12 February.
PepsiCo lagged Coca-Cola, Starbucks and Mondelez, while trading volume of 4.5 million shares was 1.7 million below its 50-day average.

With models showing it's 40% undervalued, why does Wall Street still give PepsiCo a lukewarm 'Hold' rating?

After slashing prices to boost sales, can PepsiCo's snack empire survive the growing weight-loss drug trend?

Is the activist-driven turnaround a real recovery, or a short-term sales mirage that will sacrifice long-term profit?