Coca-Cola (NYSE:KO) stock trades higher on heavy volume as $84 level draws focus heading into July 4 break
U.S. cash equities didn't trade Sunday. Investors are now looking past Coca-Cola’s 2.75% pop Friday. The main question is how much of that gain holds, after the Russell index close drove high volume across the board. Coke closed at $82.63 on Friday, rising from $80.42 the day before. Volume came in at 53.36 million shares. Since Tuesday’s close at $79.39, the stock added 4.1%. Most of that was Friday’s $2.21 jump, part of a $3.24 move since June 18.