Here's Why Vita Coco Company, Inc. (COCO) Gained But Lagged the Market Today

In the latest trading session, Vita Coco Company, Inc. (COCO) closed at $28.83, marking a +1.37% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.7%. On the other hand, the Dow registered a gain of 1.26%, and the technology-centric Nasdaq increased by 2.51%. Shares of the company witnessed a gain of 12.19% over the previous month, beating the performance of the Consumer Staples sector with its gain of 2.99% and the S&P 500's gain of 1.27%. The investment community w ...