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KO / Coca-Cola and PepsiCo's stocks fall after Walmart says weight-loss drugs have customers cutting back on calories

Coca-Cola and PepsiCo's stocks fall after Walmart says weight-loss drugs have customers cutting back on calories
Shares of Coca-Cola Co. and PepsiCo Inc. were slammed on Thursday, after Walmart Inc.'s U.S. chief executive said the new class of weight-loss drugs like Ozempic and Wegovy were causing customers to buy fewer groceries and cut back on those that are high in calories. Read More
Posted: Oct 6 2023, 07:54
Author Name: Market Watch
Views: 102119

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Coca-Cola Just Raised Its Outlook Again: Time to Buy the Stock?

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