Pepsi shares jump 4% as activist Elliott takes  billion stake, sees ‘historic’ value opportunity

Pepsi shares jump 4% as activist Elliott takes $4 billion stake, sees ‘historic’ value opportunity

Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo shares popped Tuesday after Elliott Investment Management took a significant stake as the activist investor sees a “rare” and “historic” opportunity for a turnaround in the iconic soft drink giant. Shares of PepsiCo climbed about 4%…

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Snap (SNAP) Q4 2025 earnings

Snap (SNAP) Q4 2025 earnings

Evan Spiegel, CEO of Snap Inc. attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 9, 2025. David A. Grogan | CNBC Snap shares were up over 5 percent in after-hours trading on Wednesday after the Snapchat-parent released fourth-quarter earnings…

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