PepsiCo Stock (PEP) Slides on Dec. 23, 2025 as Elliott-Backed Cost Cuts, 2026 Outlook and Dividend Growth Take Center Stage
PepsiCo, Inc. (NASDAQ: PEP) stock traded lower on Tuesday, December 23, 2025, as investors continued to weigh the company’s newly detailed North America turnaround playbook—built around sharper “everyday value,” portfolio simplification, and aggressive productivity—against near-term execution risk in a still-price-sensitive