Trump Says Coca-Cola Will Use Cane Sugar In US
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Shares of PepsiCo ( PEP) were up 1.7% in premarket trading. Coca-Cola ( KO) edged 0.4% higher and Keurig Dr Pepper ( KDP) was up 0.6%. Celsius Holdings ( CELH) was down 0.1%, with PepsiCo's ( PEP) earnings call upcoming.
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I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so,” Trump posted on Truth Social, accompanied by an image of a Coca-Cola bottle bearing his name.
Swire Coca-Cola, the Utah-based manufacturer and distributor, is canceling its plan to construct a 570,000-square-foot bottling plant at the northeast corner of Tower Road and Peña Boulevard near Denver International Airport.
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