Coca-Cola Co
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Consumer Staples : Beverages | Large Cap BlendCompany profile

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks. The Company's segments include Europe, Middle East and Africa; Latin America; North America; Asia Pacific; Bottling Investments, and Corporate. The Company owns and markets a range of non-alcoholic sparkling beverage brands, including Coca-Cola, Diet Coke, Fanta and Sprite. The Company owns or licenses and markets over 500 non-alcoholic beverage brands. The Company markets, manufactures and sells beverage concentrates, which are referred to as beverage bases, and syrups, including fountain syrups, and finished sparkling and still beverages.

Postmarket

Last Trade
Delayed
$54.51
0.18 (0.33%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$54.33
Day's Change
3.11 (6.07%)
Bid
--
Ask
--
B/A Size
--
Day's High
54.64
Day's Low
52.76
Volume
(Heavy Day)
Volume:
32,880,919

10-day average volume:
9,156,702
32,880,919

Chip sector falls below 200-day moving average, led by AMD and Micron stock selloffs

10:41 am ET May 23, 2019 (MarketWatch)
Print

Chip stocks continued their broad selloff Thursday, as investors feared that the U.S.-China trade war will last longer (http://www.marketwatch.com/story/us-stock-futures-drop-as-china-trade-spat-continues-to-unsettle-investors-2019-05-23) than previously expected. The PHLX Semiconductor Index slumped 2.2% in morning trade, with 29 of 30 components losing ground, as the S&P 500 declined 1.2%. The SOX, which has now shed 15.5% this month, has dropped below the 200-day moving average, which is widely followed as a tracker of longer-term trends, and is now in danger of the first close below that technical indicator since Feb. 4. Among the SOX's biggest decliners, shares of Advanced Micro Devices Inc. (AMD) slid 3.6%, Micron Technology Inc. (MU) dropped 3.5%, Nvidia Corp. (NVDA) gave up 3.5% and Qualcomm Inc. (QCOM) shed 3.4%. The lone gainer was Cypress Semiconductor Corp.'s stock, which tacked on 0.5%. Analyst Vivek Arya at Bank of America Merrill Lynch said chip companies appear to be expecting some trade resolution by the third quarter, soon after President Trump meets with China's president Xi Jinping on June 28 to June 29. "Overall, we believe the U.S. holds significant leverage in the current trade war (semis perspective), and can continue to exert even more pressure (restrict additional Chinese customers) which should lead to some resolution," Arya wrote in a note to clients.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 23, 2019 10:41 ET (14:41 GMT)

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