Keurig Dr Pepper (KDP) is currently under new management, with a refreshed strategy that incorporates the addition of new products, aggressive acquisitions, and a significant emphasis on digital marketing. Several investment firms have been modifying positions, e.g.,
UBS AM has cut its stock position, while others like
Cerity Partners, Suvretta Capital Management, and FMR LLC have increased theirs. There is a notable drop in short interest in the company, and there is news of a
secondary offering of common stock.
KDP is planning to acquire disruptive energy drink business GHOST in a deal worth almost $1 billion, underlining its expansion aspiring to dominate the energy drink industry. The company has also hired
Drew Panayiotou as a new CMO for U.S. Refreshment Beverages. In spite of the recent miss on sales estimates, KDP remains committed to its fiscal 2024 guidance.
Keurig Dr Pepper KDP News Analytics from Thu, 25 Apr 2024 07:00:00 GMT to Sat, 30 Nov 2024 10:47:30 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -6
