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KO Stock Drops 9.8% in a Month: Buying Opportunity or Warning Sign?
KOCoca-Cola(KO) ZACKS·2024-11-12 18:26

The Coca-Cola Company (KO) stock has rolled down 9.8% in the past month, underperforming the broader industry's 6.3% decline. With this decline, KO shares have underperformed the broader Consumer Staples sector's dip of 3.8% and the S&P 500's rally of 2.7% in the same period. Coca-Cola's stock performance also shows a notable decline from its close competitors, including PepsiCo Inc. (PEP) and Keurig Dr Pepper (KDP) , which have lost 6.7% and 9.4%, respectively, in the past month. It also reflects a signifi ...