What's Behind The 20% Fall In Diageo Stock?

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/