Coca-Cola’s Sales Down 16% But Stock Up 16%; Why?
- Tuesday, May 19, 2020, 7:10
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Coca-Cola’s stock gained almost 50% in 3 years, with the stock price rising from $37 at the end of 2016 to about $55 at the end of 2019. Though the stock price dropped in 2020 to $43 as of 15th May 2020 due to the COVID-19 pandemic, the stock has still registered a cumulative return of 16%…
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