FTC sues Pepsi for price discrimination, Pepsi denies allegations, stock down 2.51% year-to-date.

From Stocktwits: 2025-01-21 00:16:11

Sentiment on Stocktwits was ‘neutral’ compared to ‘bullish’ a week ago. Shares of PepsiCo ($PEP) were in the spotlight on Friday after the Federal Trade Commission announced plans to sue the consumer giant for price discrimination. The FTC alleged Pepsi violated the Robinson-Patman Act by giving Walmart better prices. Pepsi denied the allegations and stated they follow industry norms. They recently acquired Siete Foods for $1.2 billion, adding to their list of acquisitions. Pepsi is expected to report earnings of $1.94 per share on revenues of $27.95 billion for the fourth quarter. Stock is down 2.51% year-to-date.



Read more at Stocktwits: Pepsi Stock In Focus As FTC Sues Consumer Giant For Alleged Price Discrimination: Retail’s Cautious