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Shares of Starbucks Corp. (SBUX) advanced 1.24% to $111.74 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.02% to 4,696.56 and the Dow Jones Industrial Average rising 0.74% to 35,753.89. This was the stock's second consecutive day of gains. Starbucks Corp. closed $14.58 below its 52-week high ($126.32), which the company achieved on July 23rd.
The stock outperformed some of its competitors Wednesday, as PepsiCo Inc. (PEP) rose 0.62% to $169.97, McDonald's Corp. (MCD) rose 0.21% to $264.94, and Yum! Brands Inc. (YUM) rose 0.94% to $134.63. Trading volume (3.6 M) remained 3.6 million below its 50-day average volume of 7.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 22, 2021.
(END) Dow Jones Newswires
December 22, 2021 17:22 ET (22:22 GMT)
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