Neutral
Coca-Cola resumes Fairlife milk production after cyberattack; stock rises 2% to $83.91.
Coca-Cola has resumed the majority of its Fairlife milk production in the U.S. after a ransomware attack temporarily halted operations at four plants. The company stated that retail availability of Fairlife products has been largely unaffected due to existing inventory. Despite the cyberattack, Coca-Cola's stock increased by 2% to $83.91.
Key points
- Coca-Cola resumes majority of Fairlife U.S. production after cyberattack.
- Retail availability of Fairlife products largely unaffected; existing inventory sufficient.
- Coca-Cola's stock rises 2% to $83.91 following cyberattack disclosure.
Sources
AI-generated from public news sources. Not financial advice.
