Coca-Cola Co. stock underperforms Thursday when compared to competitors

Coca-Cola Co. stock underperforms Thursday when compared to competitors

Shares of Coca-Cola Co. KO, -0.02% slumped 0.02% to $61.85 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.57% rising 0.57% to 4,050.83 and the Dow Jones Industrial Average DJIA, +0.43% rising 0.43% to 32,859.03. The stock’s fall snapped a four-day winning streak. Coca-Cola Co. closed $5.35 below its 52-week high ($67.20), which the company achieved on April 25th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as PepsiCo Inc. PEP, +0.09% rose 0.09% to $180.83, Starbucks Corp. SBUX, +0.70% rose 0.70% to $101.32, and Mondelez International Inc. Cl A MDLZ, -0.58% fell 0.58% to $69.58. Trading volume (9.4 M) remained 4.9 million below its 50-day average volume of 14.3 M.

Share:
error: Content is protected !!