DJ Coca-Cola Co. Stock Rises Monday, Still Underperforms Market
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Shares of Coca-Cola Co. $(KO)$ inched 0.29% higher to $62.35 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.03% to 5,180.74 and the Dow Jones Industrial Average rising 0.46% to 38,852.27.
This was the stock's fourth consecutive day of gains.
Coca-Cola Co. closed $1.90 short of its 52-week high ($64.25), which the company reached on May 15th.
The stock outperformed some of its competitors Monday, as PepsiCo Inc. $(PEP)$ fell 0.19% to $175.82, Starbucks Corp. $(SBUX)$ fell 0.29% to $72.90, and Mondelez International Inc. Cl A $(MDLZ)$ rose 0.06% to $69.93.
Trading volume (9.3 M) remained 4.5 million below its 50-day average volume of 13.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2024.
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(END) Dow Jones Newswires
May 06, 2024 16:35 ET (20:35 GMT)
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