More often than not, an issue will have its most volatile price action on the same day that it reports earnings. That is certainly the case with Coca-Cola Co. (NYSE:KO), which is Monday's PreMarket Prep Stock of the Day.
Unusual Move: Being a slow-moving, low beta issue, Coca Cola can take months or even years to make a $10 move in either direction. Yet it bottomed on March 10 at $57.50 and on Thursday posted a new all-time high ($67) and all-time closing high ($66.21). It backed off with the broad market on Friday to end the week at $65.25.
