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KDP - Keurig Dr Pepper stock dips on reported share offering
Keurig Dr Pepper Inc.
Keurig Dr Pepper ( NASDAQ: KDP ) stock declined in premarket trading on Tuesday amid a report of a share offering by Morgan Stanley.
According to Bloomberg, a block of shares are being offered at prices between $34.55 and $35 via Morgan Stanley. The quantity of shares being offered is uncertain at this time.
Shares of the beverage giant slid 2.7% before the bell on Tuesday.