Since its inception in 1886, The Coca-Cola Company has grown to become one of the world’s most recognizable and valuable brands. In the early days, the company was privately owned and operated by its founder, John Pemberton. But in 1919, the company went public and its shares began to be traded on the New York Stock Exchange (NYSE). Since then, the company’s stock price has seen incredible highs and lows, making it a volatile yet attractive investment for traders.
Early History of Coca Cola Stock Price
When Coca-Cola first went public in 1919, its stock was priced at $40 per share. In the early days, the company’s stock price saw modest gains as the company slowly grew its presence in the soda market. In the 1930s and 1940s, the company’s stock price remained relatively stable, hovering around $50 per share.
It wasn’t until the 1950s that Coca-Cola’s stock price began to see some significant growth. In the 1950s, the company’s stock price rose steadily, reaching a high of over $80 per share by the end of the decade.
Coca Cola Stock Price Peaks and Valleys in the 60s and 70s
The 1960s were a roller coaster ride for Coca-Cola’s stock price. The stock price peaked at around $90 per share in 1961, only to plummet back down to around $50 per share by the end of the decade.
The 1970s saw more of the same. The company’s stock price peaked at around $90 per share in 1972, only to drop back down to around $30 per share by the end of the decade.
Coca Cola Stock Price Reaches All-Time Highs
The 1980s saw a dramatic rise in Coca-Cola’s stock price. The company’s stock price rose steadily throughout the decade, peaking at an all-time high of around $140 per share in 1987.
The 1990s were a period of steady growth for the company’s stock price. The stock price rose steadily throughout the decade, peaking at an all-time high of around $150 per share in 1998.
Coca Cola Stock Price in the 21st Century
The 21st century has been a period of ups and downs for Coca-Cola’s stock price. The stock price peaked at around $150 per share in 1998, only to drop back down to around $50 per share by the end of the decade. Since then, the company’s stock price has seen steady growth, reaching an all-time high of around $190 per share in 2019.
The Future of Coca Cola Stock Price
Coca-Cola’s stock price is expected to remain volatile in the years to come. The company’s stock price is heavily dependent on consumer demand for its products, as well as the overall health of the global economy. In the near future, analysts expect the company’s stock price to remain relatively stable, with only slight fluctuations depending on market conditions.
Conclusion
The Coca-Cola Company has a long and storied history of stock market success. The company’s stock price has seen incredible highs and lows since it went public in 1919. Over the past century, the company’s stock price has seen steady growth, reaching an all-time high of around $190 per share in 2019. While the company’s stock price is expected to remain volatile in the years to come, analysts expect the stock to remain relatively stable in the near future.