Jim Cramer recently discussed PepsiCo, Inc. (NASDAQ:PEP). The firm has seen a 4% drop in shares after activist investor Elliott Management revealed a $4 billion stake. Cramer attributes some of Pepsi’s struggles to GLP-1 weight loss drugs impacting food demand. He highlighted the firm’s performance and potential during a recent appearance.
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Read more at Yahoo Finance: Jim Cramer Says Maybe A Merger Would Solve PepsiCo, Inc. (PEP)’s Problems
