BUZZ-Coca-Cola's fairlife halts US production after cyber incident; shares fall

Coca-Cola Company

Coca-Cola Company

KO

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** Beverages giant Coca-Cola's KO.N shares fall 1.3% to $83.80 in extended trading

** Says fairlife, a dairy company owned by KO, identified unauthorized access by a third-party to a part of its systems in connection with a ransomware event

** Unauthorized access includes fairlife's production-related systems; production operations at fairlife in the U.S. are temporarily suspended - KO

** KO says investigation is ongoing; nature and impacts of incident are not yet known

** Fairlife's production operations in Canada not currently impacted

** As of Thursday's close, KO up 21.5% YTD