Monday, November 16, 2009

Closing Stock Prices


I realized that I haven't posted anything regarding Coke's stock prices. I created a graph to depict what has been happening since August, but I am unable to pull the Excel graph into my blog. What a shame!!

Coca-Cola saw their highest closing stock price (dating back to when we started class, August 19, 2009) on August 21, 2008 at $55.58. The lowest closing stock price within this date range occurred on November 12, 2009 at $44.04. My wonderful graph that I can't show you clearly indicates a gradual decline over the last 3 months. I did some research to see why the stock prices have been declining and I learned that it is due to the economy's current state. The most profitable companies have seen a decline this year, so this doesn't come as a surprise. This hasn't only been a domestic issue, but it has been worldwide. Russia and Eastern Europe has been in a double digit decline over the last couple of quarters. Consumer recovery is expected, but it is going to be slow. For more information, check out CNBC's article.

3 comments:

  1. Bummer! I would have loved to see it. Do you have Office2007 - it has One-Note which lets you do a screen capture -- then I think you can save it as a jpg and insert it in the blog. Not sure, I have never tried to do that -- although I have used screen capture to put stuff into ppt and other docs.

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  2. I don't have Office 2007 at home, but I'll do some research to see if I can figure out how...

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