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Shares of Starbucks Corp. (SBUX) slipped 0.34% to $113.25 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.82% to 4,646.71 and Dow Jones Industrial Average falling 0.66% to 36,079.94. This was the stock's third consecutive day of losses. Starbucks Corp. closed $13.07 short of its 52-week high ($126.32), which the company achieved on July 23rd.
The stock underperformed when compared to some of its competitors Wednesday, as PepsiCo Inc. (PEP) rose 0.32% to $164.04, McDonald's Corp. (MCD) rose 0.19% to $253.13, and Yum! Brands Inc. (YUM) fell 0.31% to $125.80. Trading volume (6.6 M) eclipsed its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2021.
(END) Dow Jones Newswires
November 10, 2021 17:21 ET (22:21 GMT)
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