Shares of Coca-Cola Co. KO, -0.83% slid 0.83% to $60.02 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.45% rising 0.45% to 4,396.44 and the Dow Jones Industrial Average DJIA, +0.80% rising 0.80% to 34,122.42.
This was the stock’s third consecutive day of losses.
Coca-Cola Co. closed $5.45 below its 52-week high ($65.47), which the company achieved on August 19th.
The stock underperformed when compared to some of its competitors Thursday, as PepsiCo Inc. PEP, +0.10% rose 0.10% to $183.88, Starbucks Corp. SBUX, +0.07% rose 0.07% to $98.68, and Mondelez International Inc. Cl A MDLZ, -0.76% fell 0.76% to $72.28.
Trading volume (17.0 M) eclipsed its 50-day average volume of 13.8 M.