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Shares of Starbucks Corp. (SBUX) inched 0.56% higher to $112.37 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.62% to 4,725.79 and the Dow Jones Industrial Average rising 0.55% to 35,950.56. This was the stock's third consecutive day of gains. Starbucks Corp. closed $13.95 short of its 52-week high ($126.32), which the company reached on July 23rd.
The stock outperformed some of its competitors Thursday, as PepsiCo Inc. (PEP) fell 0.11% to $169.78, McDonald's Corp. (MCD) rose 0.38% to $265.95, and Yum! Brands Inc. (YUM) rose 0.53% to $135.34. Trading volume (3.4 M) remained 4.0 million below its 50-day average volume of 7.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2021.
(END) Dow Jones Newswires
December 23, 2021 17:22 ET (22:22 GMT)
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