Pepsico’s (PEP:NASDAQ) shares rose 4.3% to $162 on Wall Street after the sodas-to-snacks maker’s fourth quarter earnings topped analysts’ estimates. The food and drink giant reiterated FY26 guidance and said it plans to cut prices on snacking products to stimulate demand from cash-strapped consumers. Share price: $162 (+4.3%) PE: 19.7 Market cap: $215bn Yield: 3.8% … Continue reading Pepsico shares pop on price cuts optimism