Coca-Cola stock price hits $74.81 as investors turn defensive — what’s next for KO
Coca-Cola shares rose $1.42, or 1.9%, to close at $74.81 Friday, with 26.4 million shares traded. Consumer staples led S&P sectors as investors reacted to Fed leadership news and inflation data. Coca-Cola reports earnings Feb. 10 and presents at CAGNY on Feb. 17. Leadership changes take effect March 31, with Sedef Salingan Sahin named Chief Digital Officer.