KO drifts lower on IPO buzz
News that Coca-Cola plans an India bottling unit IPO is drawing investor attention, but with volume around normal and no negative catalyst, the moderate dip looks like technical selling or profit-taking as the market digests the story.
Sources: https://www.newsquawk.com/headlines/coca-cola-ko-is-said-to-plan-to-file-for-an-ipo-of-its-india-unit-in-december-
Sources
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