Why Coca-Cola Stock Lost 12% in January
Coca-Cola (NYSE: KO) shareholders lost ground to a declining market last month. Shares dropped 12% in January compared to a 1% downtick in the S&P 500, according to data provided by S&P Global Market Intelligence.
That drop came after a tough year for the leading beverage producer, with shares falling slightly in 2020 compared to the wider market's 16% spike.
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Source Fool.com