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Shares of Starbucks Corp. (SBUX) sank 0.40% to $112.16 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.42% to 4,680.06 and the Dow Jones Industrial Average falling 0.09% to 36,124.23. The stock's fall snapped a three-day winning streak. Starbucks Corp. closed $14.16 below its 52-week high ($126.32), which the company reached on July 23rd.
The stock underperformed when compared to some of its competitors Thursday, as PepsiCo Inc. (PEP) rose 0.01% to $164.31, McDonald's Corp. (MCD) rose 1.22% to $253.46, and Yum! Brands Inc. (YUM) rose 1.09% to $125.40. Trading volume (8.2 M) eclipsed its 50-day average volume of 6.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2021.
(END) Dow Jones Newswires
November 04, 2021 17:27 ET (21:27 GMT)
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