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PepsiCo shares rally on plans for price cuts on US brands
By Dominic Bernard2026-02-09T09:30:00
Source: PepsiCo / Mark Mackenzie
PepsiCo’s promise to slash prices on its salty snacks has kept investors sweet.
PepsiCo’s promise to slash prices on its salty snacks has kept investors sweet.
Shares in the US conglomerate surged to a 16-month high of $170.49 (up 10.6%) in the week after it pledged to cut prices on core US brands, including Doritos and Lay’s, by up to 15%.
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