Keurig Dr Pepper Shares Plunge to Multi-Year Low After JDE Peet’s Deal
New York – Qahwa World Keurig Dr Pepper (NASDAQ: KDP) fell 3.6% in Monday trading, hitting a multi-year low of $26.09, after BNP Paribas downgraded the stock to Underperform. The drop reflects mounting skepticism over the company’s ambitious $18.4 billion acquisition of JDE Peet’s and its plan to split into two separate businesses. BNP Paribas</p>