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PepsiCo Stock Dips 1.25% Amid $12.07 Billion Trading Volume Ranking 57th as it Acquires Poppi for $1.95 Billion

Generated by AI AgentAinvest Market Brief

Wednesday, May 21, 2025 7:40 pm ET1min read

On May 21, 2025,

(PEP) experienced a decline of 1.25% in its stock price, with a trading volume of $12.07 billion, ranking it 57th in the day's market activity.

PepsiCo has recently completed the acquisition of Poppi, a rapidly growing prebiotic soda brand, for $1.95 billion. This strategic move is aimed at bolstering PepsiCo's portfolio of wellness-focused brands, positioning the company to capitalize on the growing demand for functional beverages.

This acquisition underscores PepsiCo's commitment to health innovation and its strategic pivot towards meeting the evolving preferences of health-conscious consumers. By integrating Poppi into its portfolio, PepsiCo is not only expanding its product offerings but also strengthening its competitive edge in the functional beverage market.

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