The Coca-Cola Company (KO) shares gained 5.81 percent to $79.82, up $4.38 on Tuesday, after reporting solid first-quarter results driven by strong revenue and profit growth.
The stock is currently trading at $79.82, versus a previous close of $75.44 on the New York Stock Exchange. It reached an intraday high of $80.04 and a low of $78.86, with trading volume of 9.62 million shares.
The company posted net income of $3.924 billion, or $0.91 per share, compared to $3.330 billion, or $0.77 per share, in the year-ago quarter. Adjusted earnings came in at $3.703 billion, or $0.86 per share. Revenue increased 12.1 percent to $12.472 billion from $11.129 billion last year.
The stock's 52-week range stands between $65.35 and $82.00.
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