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Why Is PepsiCo's Stock Down 10% While the S&P 500 Is Up 13% in 2026? Here's the Only Answer I Can Think of

Why Is PepsiCo's Stock Down 10% While the S&P 500 Is Up 13% in 2026? Here's the Only Answer I Can Think of
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Investors have punished PepsiCo ( PEP -0. Not only is it down roughly 10% so far in 2026, but it has also fallen 33% from its 2023 high as of this writing.

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