Shares of Coca-Cola Co. KO, +3.08% advanced 3.08% to $62.86 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.86% rising 1.86% to 3,973.75 and the Dow Jones Industrial Average DJIA, +1.98% rising 1.98% to 31,880.24. This was the stock’s second consecutive day of gains. Coca-Cola Co. closed $4.34 short of its 52-week high ($67.20), which the company reached on April 25th.
The stock outperformed some of its competitors Monday, as Nestle S.A. ADR NSRGY, +1.31% rose 1.31% to $118.03, PepsiCo Inc. PEP, +2.09% rose 2.09% to $165.60, and Danone S.A. ADR DANOY, +1.21% rose 1.21% to $11.74. Trading volume (19.0 M) eclipsed its 50-day average volume of 18.1 M.