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Shares of Starbucks Corp. (SBUX) slid 1.60% to $111.44 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.06% to 4,649.27 and the Dow Jones Industrial Average falling 0.44% to 35,921.23. This was the stock's fourth consecutive day of losses. Starbucks Corp. closed $14.88 below its 52-week high ($126.32), which the company achieved on July 23rd.
The stock underperformed when compared to some of its competitors Thursday, as PepsiCo Inc. (PEP) fell 0.82% to $162.69, McDonald's Corp. (MCD) fell 1.17% to $250.16, and Yum! Brands Inc. (YUM) fell 1.10% to $124.42. Trading volume (7.1 M) eclipsed its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2021.
(END) Dow Jones Newswires
November 11, 2021 17:21 ET (22:21 GMT)
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