Here's Why Vita Coco Company, Inc. (COCO) Fell More Than Broader Market

The latest trading session saw Vita Coco Company, Inc. (COCO) ending at $24.39, denoting a -1.97% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 0.16% for the day. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq lost 0.3%. The company's stock has dropped by 4.05% in the past month, falling short of the Consumer Staples sector's gain of 2.98% and the S&P 500's gain of 3.64%. Analysts and investors alike will be keeping a close eye on the per ...