Coca-Cola Stock Nabs Fresh 2-Year High; Bulls Respond
Blue chip Coca-Cola Co (NYSE:KO) reported better-than-expected earnings and revenue for the second quarter, and lifted both its full-year sales and profit outlook thanks to strong demand. KO is 1.6% higher to trade at 66.04. The shares are consolidating above the $64.50 level, which previously acted as resistance, and also conquered 20-day moving average earlier this month. In the last nine months, the security added 18.2%.At the Internation ...