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Why Diageo Stock Was Slipping Today

TheMotleyFool

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Why Diageo Stock Was Slipping Today: https://g.foolcdn.com/editorial/images/785170/woman-drinking-at-bar-liquor-alcohol.jpg

Shares of Diageo (NYSE: DEO), the diversified alcohol leader and parent of brands like Johnnie Walker and Guinness, were pulling back today after the company posted disappointing results in its second-quarter earnings report, with particular weakness in the Americas.

As of 11:11 a.m. ET on Tuesday, the stock was down 5.3% on the news.

Image source: Getty Images.

Source Fool.com