Shares of Pepsi (PEP) Jump as Spokesperson Confirms Relational Stake, Stock Now Up 2%

Pepsi (NYSE: PEP) shares have just jumped about 1.5 percent in late-afternoon trade Tuesday following a confirmation from a spokesperson Relational Investors will show a new stake in the company in its 13F. The stock is now up about 2 percent from Monday's close.

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