Dow Today: Coca-Cola (KO) Lower

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Dow Jones Industrial Average ( ^DJI) is trading down 42.0 points (-0.2%) at 17,071 as of Wednesday, Jul 23, 2014, 12:36 p.m. ET. During this time, 161.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 304.8 million. The NYSE advances/declines ratio sits at 1,641 issues advancing vs. 1,297 declining with 186 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Holding back the Dow today is Coca-Cola (NYSE: KO), which is lagging the broader Dow index with a 38-cent decline (-0.9%) bringing the stock to $40.81. This single loss is lowering the Dow Jones Industrial Average by 2.88 points or roughly accounting for 6.9% of the Dow's overall loss. Volume for Coca-Cola currently sits at 10.2 million shares traded vs. an average daily trading volume of 11.9 million shares.

Coca-Cola has a market cap of $185.13 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 0.3% year-to-date as of Tuesday's close. The stock's dividend yield sits at 2.9%.

The Coca-Cola Company, a beverage company, manufactures and distributes coke, diet coke, and other soft drinks worldwide. The company primarily offers nonalcoholic beverages, including sparkling beverages and still beverages.

If you liked this article you might like

Brigham Young University Sells Caffeinated Coke Drinks for the First Time Ever

Your Complete Guide to Living Like Billionaire Warren Buffett

How to Get Rich Using Warren Buffett's Favorite Stock Market Indicators

CEOs Are Dropping Like Flies

How to Make Your Life Successful Just Like Billionaire Warren Buffett