Pepsi (#PEP) Stock Price, Live Chart & Analysis | Trade #PEP

Interesting facts about the #PEP (Pepsi)

In 1893, Bradham began offering "Brad's Drink" at the soda fountain in his shop. The beverage contained sugar, water, caramel, lemon oil, nutmeg, kola nuts, and a few other ingredients. Five years later, Bradham renamed the drink Pepsi Cola because he believed it helped reduce dyspepsia (indigestion).

PepsiCo was the first American multinational to enter the Soviet market. In 1974, PepsiCo began marketing consumer goods in the USSR, as both countries sought to grow their regional footprint and income. The two nations wanted to seal the deal through trade. Tankers and freighters ranging in capacity from 28,600 to 65,000 tons were sold for about $300 million in 1990. This doubled PepsiCo's regional manufacturing capacity and enabled nationwide distribution.

During the Great Depression, Pepsi began selling 12-ounce bottles at the same price as its competitors' 6-ounce bottles. Profits doubled. They also created a catchy tune to remind clients of their low prices.

PepsiCo became the first soft drink company that started using two-liter bottles. It created a plastic container that was lighter than glass, didn't shatter when dropped, and didn't contaminate the contents.

Pepsi has experimented with various formulas throughout the world, as well as selling limited-edition flavors during holidays and special occasions.

Although Pepsi seems to be a follower of the Coca-Cola company, like Ethereum follows Bitcoin, Pepsi's stock price is higher than Coca-Cola's. This is because almost 55% of PepsiCo sales come from food and snack products, not beverages. Food has a higher margin in the company's revenue than beverages. At the same time, Coca-Cola sells only beverages.

Despite the stock market crisis caused by the Covid-19 pandemic, #PEP shares managed to stay afloat. Analysts predict further appreciation. Still, investors and traders should pay attention to earnings reports, overall stock market sentiment, and internal developments of the company, including the release of new products and coverage of new markets.