U.S. stocks were mostly higher, with the Nasdaq Composite gaining around 1% on Tuesday.
Shares of PepsiCo, Inc. (NASDAQ:PEP) rose during Tuesday's session following the release of quarterly results.
PepsiCo reported mixed third-quarter results and lowered its 2024 organic revenue guidance. The company reported a third-quarter net revenue decline of 0.6% year-over-year to $23.319 billion and organic growth of 1.3%, missing the consensus estimate of $23.825 billion. Adjusted EPS of $2.31 beat the consensus estimate of $2.29.
PepsiCo shares gained 0.9% to $168.68 on Tuesday.
Here are some other big stocks recording gains in today's session.
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