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Coca-Cola stock price slumped over 10% in the last two weeks.
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Coca-Cola share (NYSE: KO) price surged 1.45% to break a losing streak of 11 sessions.
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The Coca-Cola Company recently delivered dividends of $0.46 to their investors.
Coca-Cola Company stock price surged nearly 1.45% intraday on Friday and closed at $53.14. Friday’s price hike broke a losing streak of almost eleven intraday sessions. The KO stock price is down 5.34% a week and down by over 9.35% in a month.
The price trend analysis demonstrates that the stock price has been in a free fall in the current quarter with some halt near the key supports. The KO stock price fell from a high of $63 to currently trading at $53.14 and lost over 15% in a single quarter.
Currently, the stock price is nearing a major support zone of $50 which might halt the free fall and the stock price may turn around. The beverage giant holds strong fundamentals with a market capitalization of $22
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