DJ Coca-Cola Co. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Coca-Cola Co. $(KO)$ inched 0.41% higher to $63.92 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.38% to 5,995.54 and the Dow Jones Industrial Average rising 0.59% to 43,988.99.
The stock's rise snapped a two-day losing streak.
Coca-Cola Co. closed $9.61 short of its 52-week high ($73.53), which the company reached on September 4th.
The stock underperformed when compared to some of its competitors Friday, as PepsiCo Inc. $(PEP)$ rose 0.68% to $165.11, Starbucks Corp. $(SBUX)$ rose 1.49% to $97.55, and Mondelez International Inc. Cl A $(MDLZ)$ rose 0.73% to $66.20.
Trading volume (14.5 M) eclipsed its 50-day average volume of 14.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2024.
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(END) Dow Jones Newswires
November 08, 2024 16:35 ET (21:35 GMT)
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