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Shares of Starbucks Corp. (SBUX) inched 0.70% higher to $116.38 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.14% to 4,793.06 and the Dow Jones Industrial Average rising 0.25% to 36,488.63. This was the stock's sixth consecutive day of gains. Starbucks Corp. closed $9.94 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 0.35% to $172.97, McDonald's Corp. (MCD) rose 0.23% to $268.49, and Yum! Brands Inc. (YUM) rose 0.49% to $138.66. Trading volume (4.2 M) remained 3.0 million below its 50-day average volume of 7.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2021.
(END) Dow Jones Newswires
December 29, 2021 17:22 ET (22:22 GMT)
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