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Macy’s (NYSE:M) and Kohl’s (NYSE:KSS) stocks were down 6.0% and 6.3% as of 12:45 PM ET today following a rating downgrade.
COVID-19 significantly hurt Coca-Cola’s second-quarter results, which it reported yesterday. In the quarter, the beverage giant’s revenue fell 28.5%.
The COVID-19 pandemic boosted Clorox’s (NYSE:CLX) sales. People started paying more attention to cleaning and sanitizing.
Coca-Cola cautioned in April that the decline in the away-from-home consumption will likely hurt its second-quarter results.
Moderna (NASDAQ:MRNA) stock surged 16% in after-market trading hours on Tuesday following news of positive results related to its COVID-19 vaccine.