PepsiCo Stock Gains After U.S. Beverage Unit Posts Strongest Growth In Nearly Two Years, Driven By Pepsi And Healthier Soda Poppi Sales

PepsiCo shares rose 1.2% after Q3 revenue beat expectations, led by a 2% rise in U.S. beverage sales—its best in two years. Strong demand for Pepsi and Poppi offset investor pressure from Elliott Management.