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Pepsi Number Fever, [1] also known as the 349 incident, [2] was a promotion held by PepsiCo in the Philippines in 1992, which led to riots [3] and the death of at least five people. [ 4 ] A similar promotion ran in Poland in 1995, known as Numeromania, although it did not cause as much controversy.
Now off by around 25% or so from its all-time high in 2023, PepsiCo stock is in its own personal bear market. The dividend yield , notably, is near the highest levels in recent history at around 3.8%.
Pepsi stock was up less than 2% at market close after the release of its quarterly results. JPMorgan analyst Andrea Teixeira said she expects the stock to remain "negative to neutral."
If Pepsi achieves that goal, it will have a price-to-earnings ratio (based on core EPS) of just 20.6 based on the current stock price. Investors may wonder why the stock is so cheap. Investors may ...
Despite reporting disappointing third-quarter 2024 earnings on Oct. 8, PepsiCo (NASDAQ: PEP) stock rose modestly during the session likely because investors were expecting even worse results.
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News. Science & Tech. Shopping. Sports. Weather. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. ... Before you buy stock in PepsiCo, consider this:
With PepsiCo's share prices down about 9% from 2023 highs, it's a good time to start looking at the stock.