Coca-Cola (KO) Volatility Higher on Block Trade into New 52-Week High

Article Stock Quotes (2) Comments (0)

The Coca-Cola Co. (NYSE: KO) shares are seeing increased volatility as the stock moves through a new 52-week high on a large block trade at $77.00.

Implied volatility for the soda and snacks giant is up 8.7 percent, though its currently in-line with its historical average over the last year.

Shares are up 1.7 percent on the session.

At 2:00pm EDT, a block trade of about 470,000 shares pushed Coca-Cola shares above $77 to its high of $77.15.

Yesterday, the company announced Board approval for a two-for-one split as well as strong numbers coming from rival PepsiCo (NYSE: PEP) (though Pepsi's outlook was a little light).

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: Crash in American Electric Power (AEP) & NextEra Energy (NEE) Adds to Jitters
• Sony (SNE) is Early Winner in Battle of Video Game Giants (MSFT)
• Should Cirrus Logic (CRUS) Warning Resonate with Apple (AAPL) Investors?

Create E-mail Alert Related Categories

Insiders' Blog, Options

Related Entities

Options

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?