Why Coca-Cola Stock Has Fallen 19% So Far in 2020
Coca-Cola (NYSE: KO) stock is trailing the market this year. Shares have fallen 19% compared to a 4% decline in the S&P 500 through the end of June, according to data provided by S&P Global Market Intelligence.
That drop also put the beverage giant well behind peer PepsiCo (NASDAQ: PEP), which slumped just 3% through the first half of 2020.
Source Fool.com