Dow Today: Coca-Cola (KO) Lower

The Dow Jones Industrial Average ( ^DJI) is trading down 26.0 points (-0.2%) at 13,202 as of Monday, Apr 30, 2012, 12:35 p.m. ET. During this time, 239.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 747.3 million. The NYSE advances/declines ratio sits at 1,057 issues advancing vs. 1,862 declining with 141 unchanged.

Holding back the Dow today is Coca-Cola (NYSE: KO), which is lagging the broader Dow index with a 62-cent decline (-0.8%) bringing the stock to $76.01. This single loss is lowering the Dow Jones Industrial Average by 4.69 points or roughly accounting for 18% of the Dow's overall loss. Volume for Coca-Cola currently sits at 6.5 million shares traded vs. an average daily trading volume of 7.8 million shares.

Coca-Cola has a market cap of $171.45 billion and is part of the consumer goods sector and food & beverage industry.

The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, growth in earnings per share and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
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