Coca-Cola shares plunge — on track for worst day in a decade — after weak earnings outlook

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Today has been the worst trading day for Coca-Cola in a decade. Here's what its CEO had to say about the plunge in shares after a weak earnings outlook.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fortunately, I am not drinking it..

Pepsi just did the same and isn’t getting crushed.

𝐂𝐨𝐜𝐨-𝐂𝐨𝐥𝐚 𝐨𝐧𝐞 𝐝𝐚𝐲 𝐥𝐨𝐬𝐬: Share price fall erases $18 billion from the company’s market value.

This one is going to enjoy steady growth always. Wonder if we see the day with Coke diversify its product line into non fizzy drinks.

Diet Pepsi so much better

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coca-Cola earnings: 43 cents per share, in line with estimatesCoca-Cola reports earnings before the bell Thursday. Rather wait and see, than ever trust your input Should we expect 'fizzling' results?
Source: CNBC - 🏆 12. / 72 Read more »

Coca-Cola shares slip after earnings miss expectationsHow much Warren Buffett lost
Source: MarketWatch - 🏆 3. / 97 Read more »

Coca-Cola is ready to break out on earnings, says top technicianCoca-Cola is one of the best-performing Dow stocks over the last year. The beverage behemoth has popped 5 percent in the last two weeks, and one top technician expects the rally to continue when it reports earnings this week. Could they invest in stevia or xylitol instead of white sugar? Half of depression and aggression would be gone Replace sugar with CBD 😭😭 potstocks WEEDSTOCKS
Source: CNBC - 🏆 12. / 72 Read more »

Coca-Cola shares drop after weak earnings outlookCoca-Cola on Thursday reported fourth-quarter earnings that met analysts' expectations, but that wasn't enough to temper investor concerns about its weaker-than-expected earnings for 2019.
Source: CNBC - 🏆 12. / 72 Read more »

Bottler Coca-Cola HBC warns of higher finance costs, lower consumer spendingShares of soft drink bottler Coca Cola HBC AG fell 4 percent on Thursday after i... Lower the price per bottle and I will buy more. ^_^ More good news, just like the news released today that retail sales for December were the worst since the Great Recession and a new upsurge in unemployment claims. Economy seems to be falling. Coke or Coca-Cola, is addictive and as harmful to our bodies as Pepsi and Drugs
Source: Reuters - 🏆 2. / 97 Read more »