Coca-Cola Co. stock underperforms Thursday when compared to competitors despite daily gains – MarketWatch

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Shares of Coca-Cola Co. KO, +0.28% inched 0.28% higher to $63.79 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.09% falling 0.09% to 4,076.57 and Dow Jones Industrial Average DJIA, -0.56% falling 0.56% to 34,395.01. This was the stock’s second consecutive day of gains. Coca-Cola Co. closed $3.41 short of its 52-week high ($67.20), which the company reached on April 25th.
The stock underperformed when compared to some of its competitors Thursday, as PepsiCo Inc. PEP, +0.84% rose 0.84% to $185.90, Starbucks Corp. SBUX, +1.14% rose 1.14% to $103.37, and Mondelez International Inc. Cl A MDLZ, +0.71% rose 0.71% to $68.09. Trading volume (12.0 M) remained 2.6 million below its 50-day average volume of 14.6 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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