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Magnetar Financial Reduces Stake in Coca-Cola
Magnetar Financial LLC has reduced its stake in The Coca-Cola Company (NYSE:KO) by 23.0% in the third quarter of 2026, selling over 22,000 shares. The institutional investor now holds 75,990 shares valued at $5.04 million, a move that could signal shifts in market sentiment despite Coca-Cola’s strong long-term fundamentals. This reduction occurs amidst increased volatility in Coca-Cola’s stock price.