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

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.
If bank assets are marked to market, the U.S. sector is insolvent, according to an independent analyst.

Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Visit a quote page and your recently viewed tickers will be displayed here.


Leave a Comment