Higher Prices, Demand Drive Coca-Cola's Revenue Win
Dow member Coca-Cola Co's (NYSE:KO) fourth-quarter earnings came in line with estimates, while revenue beat expectations amid higher prices and strong demand. The shares are up 1.2% at $60.41 at last check, with support from the 60-day moving average in place after a rally earlier this month lost steam at the $61 level. Coca-Cola stock shed 5.9% in the last nine months, but sports a small year-to-date lead.Call volume is today running at 11 times the intraday average, with 27,000 calls traded so far, compar ...