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Explanation: In order to be eligible for the dividend of $0.42/share, you had to be holding the stock on Friday at close. You would therefore normally expect th
by cecilpl2 5y ago
Explanation: In order to be eligible for the dividend of $0.42/share, you had to be holding the stock on Friday at close. You would therefore normally expect the share price to drop $0.42 between Friday close and Monday open.
Looks like that accounts for about half of the "drop", which means KO lost less than 1% over the weekend. Hardly worth a news article.