4 ms·
That percentage is worth 4 billions of dollars, due to Coca Cola size so... it's accurate. Percentages might be misleading sometimes.
by darkwater 5y ago
That percentage is worth 4 billions of dollars, due to Coca Cola size so... it's accurate. Percentages might be misleading sometimes.
- ozim 5y agoDrop was something like $1 per share which from ~$56 to ~$55. Where 3 months ago Coca Cola was trading around $50, year ago Coca Cola was trading for ~$45 per share. That was totally meaningless event, it did not drop in a way I would start buying. There is no real consequences for Coca Cola, maybe some day traders lost money selling for $56 before that event.
- quickthrowman 5y agoThere was a $0.42 dividend priced in on Monday open since Monday was the quarterly ex-dividend day for KO, so maybe half of that is from Ronaldo, but that is not verifiable so … shrug
- falcolas 5y agoOf potential stock value, not actual money. As is touted so often when talking about Bezos, Musk, and Buffet: stock value is not real money.
- darkwater 5y agoI was just pointing out absolute numbers vs percentages, which were the core of GP comment.
- pedrosorio 5y agoTake a look at the company's stock price over the last year (KO). This sort of drop is indistinguishable from random market fluctuations as far as I can tell.
- robotron 5y agoThis pretty much sums up the press when it comes to investments or even crypto. The tiniest blip equates to the sky is falling (or fire sale!). Zoom out and it's nothing.