DJ Coca-Cola Co. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Coca-Cola Co. $(KO)$ inched 0.64% higher to $62.99 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
This was the stock's third consecutive day of gains.
Coca-Cola Co. closed $10.54 short of its 52-week high ($73.53), which the company achieved on September 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as PepsiCo Inc. $(PEP)$ rose 1.29% to $158.74, Starbucks Corp. $(SBUX)$ fell 0.09% to $98.26, and Mondelez International Inc. Cl A $(MDLZ)$ rose 0.86% to $64.42.
Trading volume (16.8 M) eclipsed its 50-day average volume of 14.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:35 ET (21:35 GMT)
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