SodaStream cracks $40 level on PepsiCo buzz

|About: SodaStream International (SODA)|By:, SA News Editor

SodaStream (SODA +3.9%) breaches the $40 level for the first time in a month as speculation over a bid by PepsiCo for the company outweighs concerns that a KO-GMCR partnership will cut into sales.

Taking PepsiCo out of the equation, some investors looking at the longer-term picture such as SA contributor Matthew Levy think the home soda market can support two large players.