PepsiCo Surges to 73rd in Trading Volume with $2.013 Billion Day
1min read On April 9, 2025, PepsiCo's trading volume reached $2.013 billion, marking a 49.49% increase from the previous day. This surge placed pepsico at the 73rd position in terms of trading volume for the day. The stock price of PepsiCo (PEP) rose by 3.77%.
PepsiCo's subsidiary, Frito-Lay, faced a significant recall of its Tostitos Cantina chips, which was upgraded to a Class I recall by the U.S. Food and Drug Administration (FDA). This recall could potentially impact consumer trust and sales, posing a challenge for PepsiCo in the near term.
Ask Aime: "Will PepsiCo's recall affect consumer trust?"
PepsiCo is recognized as one of the defensive stocks that billionaire investor Ken Fisher is betting on. Fisher, known for his contrarian investment approach, believes that defensive stocks like PepsiCo can provide stability and growth, especially during times of market volatility. His investment philosophy, which combines growth and value, positions PepsiCo as a reliable choice for long-term investors.
PepsiCo's dividend yield stands at 4%, which is significantly higher than the S&P 500's 1.5% yield. This attractive dividend yield makes PepsiCo an appealing option for income-focused investors, providing a steady stream of returns even in a fluctuating market.
PepsiCo has extended its partnership with UEFA as the official partner for women's football through 2030. This long-term commitment to women's sports not only enhances PepsiCo's brand image but also aligns with its corporate social responsibility initiatives, potentially attracting socially conscious investors.
