Shares of Coca-Cola Co. KO slipped 0.36% to $56.04 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.08% to 4,226.52 and Dow Jones Industrial Average DJIA falling 0.36% to 34,630.24. The stock's fall snapped a three-day winning streak. Coca-Cola Co. closed $0.44 short of its 52-week high ($56.48), which the company reached on June 4th.
The stock underperformed when compared to some of its competitors Monday, as Nestle S.A. ADR NSRGY rose 0.02% to $125.67, PepsiCo Inc. PEP fell 0.06% to $147.75, and Danone S.A. ADR DANOY rose 0.24% to $14.40. Trading volume (14.0 M) remained 153,001 below its 50-day average volume of 14.1 M.