Suja Life, an organic juice maker, saw its shares drop 14.3 percent on its Nasdaq debut. The company’s valuation settled at $695.3 million. This IPO marks a revival in the consumer space. Investors are selective with capital allocation. Suja Life offers cold-pressed juices and functional sodas. PepsiCo’s acquisition of Poppi highlights big players’ interest in healthy drinks.
Source :- Markets-Economic Times Read More
