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Coca-Cola (NYSE:KO) stock trades higher on heavy volume as $84 level draws focus heading into July 4 break
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Coca-Cola (NYSE:KO) stock trades higher on heavy volume as $84 level draws focus heading into July 4 break
Coca-Cola surged 2.75% Friday to $82.63 on trading volume over three times its 50-day average, driven by the Russell index reconstitution, with $12.2 trillion in assets benchmarked to the event; investors now watch if KO can hold gains after the index-fueled spike, as valuation remains high with a P/E of 26.02 and 2.57% yield.
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