Source: Forbes - World / 24 Sep 2024 06:02:28 America/Chicago
The fall in DEO stock can primarily be attributed to a 20% decline in the company’s P/S ratio to 3.7x revenues now, versus 4.7x in 2022, and a 1% fall in total revenue...
https://www.forbes.com/sites/greatspeculations/2024/09/24/whats-behind-the-20-fall-in-diageo-stock/