PepsiCo Growth Plan, Netflix Earnings Preview, Alibaba Shares Rise
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- PepsiCo Inc.’s quarterly revenue and earnings beat expectations, as the maker of Doritos and Lay’s sees improvement in salty snacks volume following recent price cuts. Organic sales, which strips out items such as currency swings and acquisitions, increased 2.6% in the first quarter, the company said in a statement Thursday, outpacing analysts’ average estimate. Earnings per share, excluding some items, also exceeded projections.- Netflix’s (NFLX) stock struggled through the winter…
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