Coca-Cola stock drops on Atlanta layoff notice — here’s what KO traders watch next
NEW YORK, Jan 3, 2026, 16:33 ET — Market closed Coca-Cola shares slipped on Friday, underperforming a modestly higher broader market, after a notice showed the beverage maker is preparing a round of job cuts at its Atlanta corporate headquarters. CBS News The filing matters now because investors are starting 2026 looking for clearer signs of cost discipline across large consumer companies, even as demand holds up and interest-rate expectations shift. TCSG It also lands as traders position for a run of market-moving data points next week that can reset expectations for Federal Reserve policy, a key driver for defensive