Dow Today: Coca-Cola (KO) Leads The Day Higher, UnitedHealth Group (UNH) Lags
The Dow component leading the way higher looks to be Coca-Cola (NYSE:KO), which is sporting an 87-cent gain (+2.2%) bringing the stock to $41.05. Holding back the Dow today is UnitedHealth Group (NYSE:UNH), which is lagging the broader Dow index with a 28-cent decline (-0.3%) bringing the stock to $81.53.
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 up 45 points (+0.3%) at 16,758 as of Friday, Aug 15, 2014, 9:36 a.m. ET. During this time, 43.6 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 301.6 million. The NYSE advances/declines ratio sits at 2,003 issues advancing vs. 688 declining with 243 unchanged.
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The Dow component leading the way higher looks to be Coca-Cola (NYSE: KO), which is sporting an 87-cent gain (+2.2%) bringing the stock to $41.05. This single gain is lifting the Dow Jones Industrial Average by 6.58 points or roughly accounting for 14.6% of the Dow's overall gain. Volume for Coca-Cola currently sits at 2.9 million shares traded vs. an average daily trading volume of 12.5 million shares. Coca-Cola has a market cap of $175.17 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 3.3% year-to-date as of Thursday's close. The stock's dividend yield sits at 3%. 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.