HomeBusinessFinanceAMZN, PEP, SHOP, COIN: Stock Talk
AMZN, PEP, SHOP, COIN: Stock Talk

Amazon (AMZN), PepsiCo (PEP), Shopify (SHOP), and Coinbase (COIN) are stocks making moves this morning. Alex Coffey joins Caroline Woods to discuss these stocks. They talk about how Grubhub has entered into an agreement with AMZN which will give Prime members a free 1-year Grubhub Plus Membership. They also go over PEP whose rating was kept at overweight by JPMorgan. They talk about how people will still consume PEP's products no matter what consumer sentiment is like. They then highlight SHOP which has recently delayed its compensation overhaul citing tech sector challenges. Finally, they mention COIN which was downgraded to neutral from overweight at Atlantic Equities and is down about 79% YTD. The analyst worries about the company's ability to attract talent. Tune in to find out more

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