Business

PepsiCo Shares Rally Despite Profit Cut

Updated 2026-10-09 09:55 UTC 1 source Neutral

Despite cutting its profit guidance, PepsiCo's stock rallied as CNBC's Jim Cramer highlighted improving sales growth and investments aimed at reviving demand.

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CNBC

Pepsi shares rallied despite cutting profit guidance. Where Cramer stands on the stock now

CNBC's Jim Cramer said improving sales growth and investments to revive demand are encouraging signs, though PepsiCo still faces significant challenges.

2026-10-08 22:50 UTC