Nelson Peltz No Longer In Peipsico (PEP) - CNBC
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Price: $128.63 +0.37%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.2%
EPS Growth %: +0.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.2%
EPS Growth %: +0.4%
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CNBC's David Faber reports that Nelson Peltz has exited his Pepsico, Inc. (NYSE: PEP) position, which was just short-term in nature.
Shares of PEP have risen the past few days on hopes Peltz could push the company to break-up and increase shareholder value. This thesis is now essentially dead.
Shares of PEP have risen the past few days on hopes Peltz could push the company to break-up and increase shareholder value. This thesis is now essentially dead.
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