Vita Coco Company, Inc. (COCO) Stock Sinks As Market Gains: Here's Why

The latest trading session saw Vita Coco Company, Inc. (COCO) ending at $33.98, denoting a -0.09% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.16%. At the same time, the Dow added 0.25%, and the tech-heavy Nasdaq lost 0.06%.The the stock of company has fallen by 8.21% in the past month, lagging the Consumer Staples sector's loss of 5.71% and the S&P 500's loss of 2.7%.The investment community will be closely monitoring the performance of Vita Coco Co ...