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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.

Image source: Getty Images.

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Source Fool.com

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