XLP - PepsiCo On CNBC's 'Final Trades' Plus: A Food & Beverage ETF Has 9 Negative Weeks | Benzinga
On CNBC’s "Halftime Report Final Trades," Joshua Brown of Ritholtz Wealth Management named PepsiCo, Inc. (NASDAQ: PEP) as his final trade.
"This is ridiculous," he added. "We're not all going to be skinny."
PepsiCo shares fell around 5% on Thursday amid Walmart indicating that there has been a decrease in shopping demand due to the use of appetite-suppressing medications such as Ozempic and Wegovy. PepsiCo is scheduled to issue its third quarter 2023 financial results on ...