Coca-Cola Co. stock falls Tuesday, underperforms market
Shares of Coca-Cola Co.
KO,
slipped 1.87% to $55.67 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.34% to 4,520.03 and Dow Jones Industrial Average
DJIA,
falling 0.76% to 35,100.00. This was the stock’s second consecutive day of losses. Coca-Cola Co. closed $1.89 short of its 52-week high ($57.56), which the company achieved on July 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Nestle S.A. ADR
NSRGY,
fell 0.14% to $125.68, PepsiCo Inc.
PEP,
fell 1.63% to $154.53, and Danone S.A. ADR
DANOY,
fell 2.61% to $14.19. Trading volume (15.5 M) eclipsed its 50-day average volume of 11.7 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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